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cut off procedures...??

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(Querist)
30 August 2008 What is a 'cut - off procedure?
how is it different from 'audit trail'?
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Deepak Agrawal

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Deepak Agrawal (Expert)
23 January 2009 Cut off procedure means demarcating transaction of one period to another. As regards audit trial, it means cheecking transaction at each step i.e from start to end...

Hope u understood

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