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What is Floating assets? How an Internal Auditor have to verify it?

Accounting Internal Audit Fixed Assets
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Question added by santhosh prasanna Gowthaman , Associate consultant , KPMG
Date Posted: 2016/02/04
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Nikhil Mahajan
by Nikhil Mahajan , Head - Billing, Collection & Credit Control , AL Naba

Asset that is continually changing in quantity and/or value, such as amount of accounts receivable, cash, inventory, outstanding shares

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