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The best way to audit entertainment expenses is to compare the receipts to the expenditures. When there is a problem you should contact the accounting department to get the details about the transaction.
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∙ 9y ago
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What are the inherent audit risks for Qantas airline?
expenses
What is audit and the purpose of audit?
Audit is an evaluation of a certain thing or individual. This is to determine about the situation of the inventories, expenses and also to determine the check and balances.
Example of operational audit?
purchase, marketing, selling and distribution expenses, production
What percent of her expenses is spent on housing and entertainment house is 300.00 and entertainment is 68.00?
The entertainment is 23% of your housing cost.
What percent of her expenses is spent on housing and entertainment housing is 300.00 and entertainment is 68.00?
The entertainment is 23% of your housing cost.
What are non discretionary expenses?
transportation costs entertainment
Petty cash account details?
when we use laundry and cleaning expenses,meals and entertainment expenses,office expenses,pantry items expenses,travelling expenses etc.. what are the expenses will come each cotogories
Is audit prepaid expenses entry come in income statement?
Prepaid expenses are not part of income statements, in accrual accounting income and expenses are only shown in income statements when they are actually incurred.
What are 2 non-discretionary expenses?
transportation costs entertainment
What is traveling expenses?
Traveling expenses is how much currency you bring with you when you travel, for things such as entertainment purposes, food, clothing etc.
What is a tax audit?
A tax audit is conducted to ensure that you have paid your fair share of taxes on the money that you (or your company) has earned. They look at revenues, to ensure all are declared, and expenses, to ensure that they are all legitimate.
What is scoop of audit?
Do you mean "scope of the audit"?? If so, the scope of the audit is the objective...what are you trying to verify? It could be a restricted scope in that you are looking at only a few specific items or full scope where you look at everything from cradle to grave, including all incomes and expenses.
