Audit is the inspection, examination or verification of a person, organization, system, process, enterprise, project or product. On the other hand, an evaluation is used to appraise, evaluate, determine the...

Accounting is the process of creating and managing financial statements which record the day to day transactions of the business. Finance has a broader scope and is responsible for initiating transactions to...

Revenue is the amount earned from a company’s main activities such as selling merchandise or providing services. Income is the money left for a business after it subtracts costs and expenses from its revenue.

Industry is the production of material or service products that contribute to an economy. A factory is a building where the actual manufacturing of the product takes place.

Business, enterprise or firm is an organization that is actively engaging in commercial, industrial or professional activities. It is a company that offers goods or services for a monetary amount. On the other...