EFFECTIVENESS Definition

Bookmark and Share

EFFECTIVENESS is producing a desired outcome. An audit procedure is effective if the evidence supports a correct conclusion.

Learn new Accounting Terms

Q as the fifth letter of a Nasdaq stock symbol indicates that the company is in bankruptcy proceedings.

SALES TAX is a tax levied by a government entity, usually state or city, on the retail price of an item and certain taxable services, collected by the retailer.

Suggest a Term

Enter Search Term

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