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Definition of audit Entry 1 of 2 1a a formal examination of an organization s or individual s accounts or financial situationThe audit showed that the company had misled investors b the
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Internal audit internal control Internal audith internal control 4 Internal Audit internal Control . 4 Control activities relevant to the audit 1 Control activities are the policies and procedures that help ensure that management directives are carried out Sedex Members Ethical Trade Audit Report SMETA Corrective Action Plan Report CAPR REPORT CARP 1 REPORT
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