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accounting system vs audited account

audited account vs accounting system

accounting system and audited account both are nouns.

Word NounAdjectiveVerbAdverb
accounting system Yes No No No
audited account Yes No No No
As nouns, audited account is a hyponym of accounting system; that is, audited account is a word with a more specific, narrower meaning than accounting system:
  • accounting system: a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
  • audited account: an inspection of the accounting procedures and records by a trained accountant or CPA
accounting system (noun) audited account (noun)
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts an inspection of the accounting procedures and records by a trained accountant or CPA
Difference between accounting system and audited account

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