AUDIT EVIDENCE Definition

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AUDIT EVIDENCE includes written and electronic information (such as checks, records of electronic fund transfers, invoices, contracts, and other information) that permits the auditor to reach conclusions through reasoning.

Learn new Accounting Terms

MEAN is the measure of central tendency; also called the average. It is calculated by the sum of the data points divided by the number of data points.

MANAGEMENT is those in charge of running a business or in the act of managing something.

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