KRONUR (KRONA) Definition

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KRONUR (KRONA)is a currency of Iceland.

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AUDIT SCOPE refers to the activities covered by an internal audit. Audit scope includes, where appropriate: audit objectives; nature and extent of auditing procedures performed; Time period audited; and related activities not audited in order to delineate the boundaries of the audit.

CODING, in accounting, is the assignation of the proper account code to invoices.

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