DRAM Definition

Bookmark and Share

DRAM is a currency of Armenia.

Learn new Accounting Terms

NET PURCHASES are those items purchased less returns, discounts and allowances on those purchases.

AUDIT RISK is a combination of the risk that material errors will occur in the accounting process and the risk the errors will not be discovered by audit tests. Audit risk includes uncertainties due to sampling (sampling risk) and to other factors (non-sampling risk).

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.