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Audit trail

The financial definition for Audit trail:

Resolves the validity of an accounting entry by a step-by-step record by which accounting data can be traced to their source.




Similar Matches

Post audit

Post audit
A set of procedures for evaluating a capital budgeting decision after the fact.


Tax audit

Tax audit
Audit by the IRS or other tax-collecting agency to determine whether a taxpayer has paid the correct amount of tax.




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