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Audit Test

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Audit Test
In accounting, an experiment measuring a small sample of a larger population. The experimenter may extrapolate the results to apply them to a larger population. For example, if a company determines that it spent $5,000 to attract 500 customers, it may estimate that it spends an average of $100 to attract any one customer.


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According to the CAG report, its audit test checked 20 capital works costing ` 160.
14 /PRNewswire/ -- Fluke Networks, the leader in network installation and analysis, today announced the availability of EtherScope Series II Network Assistant version 5 with Health Audit test to speed and simplify network testing.
Given the audit department's size, automating testing of controls "would allow us time, with a small staff, to accomplish over 100 audit tests every week automatically, look at the results and engage the business process owners in looking at their own controls," Tourney says.
 
 
 
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