Describe the Difference Between a Budget Audit and a Performance

question 38

Essay

Describe the difference between a budget audit and a performance audit.A budget audit provides information about where the organization is with respect to what was planned or budgeted for,whereas a performance audit might try to determine if the figures reported are a true reflection of actual performance.Hard;Comprehension

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Definitions:

Deductive Approach

A method of reasoning from the general to the specific, where conclusions follow logically from the premises given.

Unsolicited Sales Message

A marketing message or advertisement sent without the recipient's prior request or consent, often perceived as intrusive or spam.

Attention-Getter

A technique used to capture the audience's interest at the beginning of a communication.

Persuasion

The act of convincing someone to do or believe something through reasoning or argument.