Saturday, July 11, 2009

Audit

Audit-n
1-a formal examination, correction, and official endorsing of financial accounts, especially those of a business, undertaken annually by an accountant
2-a systematic check or assessment, especially of the efficiency or effectiveness of an organization or department, typically carried out by an independent assessor

vt
1-to carry out an audit of the financial accounts of a business, department, or organization to establish accuracy or efficiency
2-to attend a class without asking for or receiving graduation credit for it, usually attending all the sessions but not doing the assignments

Synonyms
review
appraisal
check
inventory
inspection
examination
assessment

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