From the web's #1 provider of financial analysis / ratio
analysis   Bookmark and Share  NON-EXPENSE CASH DISBURSEMENT is
spending not shown on the income statement, i.e., the
expenditure of cash on something that does not appear on the
profit-and-loss statement, for example, spending on a fixed
asset or discharging part or the entire principal in a debt.
Learn new Accounting Terms  PARALLEL SIMULATION TESTING is the
simultaneous performance of multiple operations. It provides
evidence of the validity of processing if the second processing
system yields the same results as the first.  Auditors use their
own generalized audit software to process the same data as was
processed by the client’s software.  If the output of the audit
software is the same as the output of the client’s software that
is evidence that the client’s software is performing properly.
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