Define Revenue
Define Revenue in terms of Accountancy in brief?
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Revenue is the amount that any company or business acquires for offering goods or services after selling them. This revenue is the earning or income source of that business association. Each and every business works for trading or production in particular goods and each and every sale will be the revenue of business and after subtracting all expenses business can find net gain or loss from that trade.
Write down the different merits and demerits of internal audit?
Audit Management: It is a systematic assessment of processes and policies of an organization's management in the administration and the utilization of resources, tactical & strategic planning, and employee and organizational enhancement.
Elucidate the differentiation between External Audit and Internal Audit?
Marketing Audit: One of the most fundamental parts of marketing planning process is marketing audit. It is conducted both at the beginning of the process and also in between the series of points during the implementation of plan. Both internal and ext
Audit procedures that ignore the actual computer processing part of business activities. A sample of input is tested and verified through standard audit technique, and the output is checked. Auditing around the computer assumes that if the output rights, then the processing is righ
What is the difference between Top line revenue and Bottom line revenue.
Elucidate the difference between statutory audit and internal audit?
Auditing: Auditing is the systematic procedure of objectively obtaining and estimating evidence regarding assertions concerning economic actions and actions to ascertain the degree of correspondence among those assertions and established criteria and
Elucidate how to do an internal audit successful?
Tell me that how we can calculate the internal control audit?
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