BUDGET PERFORMANCE REPORT Definition

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BUDGET PERFORMANCE REPORT is the comparison of planned budget and actual performance.

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REAUDIT is when an auditor is asked to audit and report on financial statements
that have been previously audited and reported upon.

CURRENT YIELD, in bonds, is the annual interest or dividend payments expressed as a percentage of the bond's current price. For bonds, where yield to maturity factors in the original purchase price, current yield is strictly a measure of the income stream.

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