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Definition of

value for money audit


examination of firm's effectiveness in using resources an investigation into whether proper arrangements have been made for securing economy, efficiency, and effectiveness in the use of resources.

Related definitions of "value for money audit"

Definitions of ’value for money audit’ and meaning of ’value for money audit’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’value for money audit’ and other financial terms with our online QFINANCE Financial Dictionary.

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