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audit vs method of accounting

method of accounting vs audit

audit and method of accounting both are nouns.

audit is a verb but method of accounting is not a verb.

Word NounAdjectiveVerbAdverb
audit Yes No Yes No
method of accounting Yes No No No
As nouns, method of accounting is a hypernym of audit; that is, method of accounting is a word with a broader meaning than audit:
  • audit: an inspection of the accounting procedures and records by a trained accountant or CPA
  • method of accounting: a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Other hypernyms of audit include accounting, accounting system.
audit (noun) method of accounting (noun)
a methodical examination or review of a condition or situation 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
audit (verb) method of accounting (verb)
attend academic courses without getting credit
examine carefully for accuracy with the intent of verification
Difference between audit and method of accounting

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