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  • Nov 2, 2008, 10:55 PM
    JOY DASGUPTA
    Accounting & Administrative Issue
    Dear Administrative
    I kindly require some questions.
    Please feedback the following question.
    1. What are the differences between Internal audit and Internal Control?
    2. What is audit & Why it is done?
    3. What is fictitious assets & Contingent liability?
    4. What's is general administration and what is management?
  • Nov 2, 2008, 11:51 PM
    Clough

    Hi, JOY DASGUPTA!

    If you read and study information that you will find on sites that you can find via clicking on the following links, then you'll be able to come up with answers to your questions.

    Internal Audit Definition - Google Search

    Internal Control Definition - Google Search

    Internal audit and Internal Control - Google Search

    Internal Audit and Internal Control Accounting - Google Search

    Audit Definition - Google Search

    Why is an audit necessary? - Google Search

    Fictitious Assets Definition - Google Search

    Contingent Liability Definition - Google Search

    General Administration Definition - Google Search

    Management Definition - Google Search

    If you would like to post what you think are the answers, that would be keeping within the rules as to how questions are supposed to be asked on this site. If you do that, it's very likely that you'll have someone come along who will be more than happy to discuss your answers with you and how you might make improvement on them.

    We don't do people's homework for them here, but are always glad to assist with it as long as some effort has been shown to have been made by the person asking the questions.

    Thanks!

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