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method of accounting vs audit

audit vs method of accounting

method of accounting and audit both are nouns.

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

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

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