What Does Audit Mean?

Answer

An audit is a process where data and/or accounting is analyzed and determined if it is right or wrong. This is the process that the Internal Revenue Service does if there is a discrepancy in your tax figures.
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Ask.com Answer for: what does audit mean
au·dit
[aw-dit]
NOUN
1.
an official examination and verification of accounts and records, especially of financial accounts.
2.
a report or statement reflecting an audit; a final statement of account.
3.
the inspection or examination of a building or other facility to evaluate or improve its appropriateness, safety, efficiency, or the like: An energy audit can suggest ways to reduce home fuel bills.
4.
Archaic. a judicial hearing.
5.
Obsolete an audience.
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Source: Dictionary.com
Q&A Related to "What Does Audit Mean"
An audit is the process of going back and looking at documents to show that all activity is valid and legal. For example, when the IRS audits taxes, they are checking for fraud.
http://answers.ask.com/Society/Government_and_Law/...
Know Your Lines: The most important part of any audition is knowing your lines. The last thing you want to do in an audition room is to find yourself stumbling while trying to remember
http://www.ehow.com/how_4875351_audition.html
Knowing how to conduct a home energy audit will help determine the amount of energy your home uses and will gauge what steps you can take to make your home energy efficient. Ultimately
http://www.life123.com/home-garden/green-living/en...
1 Do your homework. Look on the website to see what the directors are looking for from the audition. When auditioning for a theatre company, make sure you know some background information
http://www.wikihow.com/Audition
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It's the only way to define, focus and limit the terms of any audit committee Will it simply monitor? Will it try to detect fraud? Will it just balance the books ...
HR audits analyze the consistency and execution of retention and employee-satisfaction activities such as new hire orientation, staffing, training, performance ...
HR audits analyze the consistency and execution of retention and employee-satisfaction activities such as new hire orientation, staffing, training, performance ...
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