What are the functions of an audit department in an organisation?
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Answer:
an audit department generally reviews all the costs and salaries of the companies and checks the bills of the companies. Then they advise the management to give certain amount of tax, and make some set of investment. they may also assume greater power in deciding the budget of the company and also execute spending cuts and reduce the overall cost of production of a company. Very importance for filing tax and all legal matters connected with it.
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