ASSURANCE Definition

ASSURANCE has been defined by the American Institute of Certified Public Accountants (AICPA) as "Independent Professional Services that improve information quality or its context". Such services are very broad and could include assessments of various industries, e.g., Internet security or quality of health facilities.

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ROCC is an acronym for Return On Committed Capital.

INDUSTRY is the people or companies engaged in a particular kind of commercial enterprise.

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