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Concurrent audit is a systematic and timely examination of financial trascation on a regular basis to ensure accuracy, compliance with procedure and guidelines.
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∙ 15y ago
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What is a concurrent safety audit?
A concurrent safety audit is a safety audit performed at the same time as some other activity, often a financial audit.
What is concurrent audit of bank?
the bank sets a questionaire which has to be checked and reported
What powers are shared by the federal and the state governments?
concurrent
What is revenue leakage in a concurrent audit?
IF BANK NOT COVER CHARGES TO ITS CUSTOMERS THAN WE SAID THAT ITS A REVENUE LEAKAGE. CHARGES MEANS-INTERESTS,INSPECTION CHARGES, PROCESSING CHARGES, LOCKER RENT CHARGES etc.
What is powers shared by states and federal governments called?
Concurrent Powers
Which powers ar shared between national and state governments?
Concurrent Powers
Granting a charter to a corporation is an example of this type of power?
Concurrent powers
What do you call powers that are shared by the state and the national government?
it's concurrent
Differences between IS Audit nad Traditional Audit?
what is the differences between IS Audit and traditional Audit?
Is the power to charter banks a concurrent power?
Concurrent power
What are the Example of non-concurrent force?
non concurrent force
3 general types of quality audits?
3rd Party Audit - Independent Audit 2nd Party Audit- Customer Audit 1st Party Audit- Internal Audit
