Meaning PHYSICAL VERIFICATION: A procedure auditors use to ensure that inventory recorded in the book is correct by actually checking out the physical inventory
More terms such as Physical verification in Dictionary P.
- Definition Personal Inflation Rate:
- Examples The inflation rate as it affects a specific individual physical verification definition.
- Definition Portfolio Variance:
- Examples Weighted sum of the covariance and variances of the assets in a portfolio physical verification explain.
- Definition Pure Expectations Theory:
- Examples asserts that forward rates exclusively represent the expected future rates. In other words, the entire term structure reflects the market's expectations of future short-term rates. For example physical verification what is.
- Definition Period-Certain Annuity:
- Examples An annuity that provides guaranteed payments to an annuitant for a specified period of time physical verification meaning.
- Definition P & I:
- Examples Stands for principal and interest on bonds or mortgage-backed securities physical verification abbreviation.
