KEOGH Definition

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KEOGH is a pension plan in the United States that allows a business to contribute a portion of profits into a tax-sheltered account.

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OUTSTANDING is the amount owed as a debt, example: outstanding bills.

ATTORNEY'S LETTER is signed by the client's lawyer and addressed to the auditor It is the auditor's primary means to corroborate information furnished by management about litigation, claims, and assessments.

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