Operating versus Non-Operating Revenue
Distinguish between Operating versus Non-Operating Revenue?
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Operating versus Non-Operating Revenue:
Operating revenue is the result from sale of goods. When ABC Co. sells goods and receives $ 150000, then this amount will be operating revenue of ABC Co. however when Non-operating revenue is result from other sources or investments. Assume that, when similar company has invested certain amount in PQ Co. and obtains $ 10000 as dividend therefore this dividend will be termed as non operating revenue.
Give a brief introduction of the term Internal Audit and also write down the Role of Internal Audit?
Write down the importance of measuring an internal audit department?
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
Marketing audit for banking industry will be developed based upon following features: A) It will help and support the top management in identification and management of risks. B) It will help in evaluating th
Write down the importance of Internal Audit?
What to do after the audit?
Audit Controls: The common definition of an audit is a valuation of a person, association, system, procedure, enterprise, product or project. The word most generally refers to audits in accounting, internal auditing, and government auditing, however a
Elucidate how to do an internal audit successful?
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
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