Verb conjugation practice

Writing Practice - Past & Present Tense in Accounting Context

Read the sentences and rewrite the verbs in bold, either in past simple or present simple as indicated in parentheses.

Fill in the Blanks

The company decides to expand to new markets after reviewing last year’s profits.

(Rewrite the verb in past simple)

Fill in the Blanks

We are preparing the annual financial report for the board meeting next month.

(Rewrite the verb in past simple)

Fill in the Blanks

EcoWave focused on reducing costs to improve cash flow.

(Rewrite the verb in present simple)

Fill in the Blanks

The company adjusts their forecasts due to economic challenges.

(Rewrite the verb in past simple)

Irregular verbs conjugation

Choose the correct option to conjugate these verbs in context

Multiple Choice

The accounting team (speak) with the auditors yesterday to discuss the financial discrepancies.

• Speaked

• speaks

• speaking

• spoke

Multiple Choice

The CFO (take) a proactive approach when we have to reduce expenses.

• took

• takes

• taken

• taking

Multiple Choice

Last quarter, we (give) detailed reports to the shareholders on the company's performance.

• give

• given

• gave

• giving

Multiple Choice

Our team (meet) with the clients weekly to review their accounts, last week we (meet) twice.

• meet/met

• met/meets

• Meets/met

• meet/meet

Multiple Choice

We finally (understand) the root cause of the cash flow issues after conducting a thorough analysis.

• Understands

• Understanding

• Understood

• Understanded