Audit trail

Definition:

Resolves the validity of an accounting entry by a step-by-step record by which accounting data can be traced to their source.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Point and figure chart

A price-only chart that takes into account only whole integer changes in price, i.e., a 2-point change. Point and figure charting disregards the element of time and is used solely to record changes... Read More

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