noun

audit

audit, inspection, examination

The company has an annual audit.

The company has an annual audit.

The report is subject to a final audit.

The report is subject to a final audit.

((an audit)) an official examination of accounts The company has an annual audit.

Synonyms: inspection, review, examination

From Latin 'auditus', a hearing, from 'audire' (to hear). Accounts were originally presented orally.

An 'audit' is when someone comes to 'hear' your accounts.

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