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Q: please tell me what "internal audit" is

Category: glossary , Asked by: Y. Aguirre from United States

A: the "internal audit " is An audit performed by a person (or persons) employed by the firm being audited. Internal audits have quickly become an important aspect of corporate governance, thanks mainly to the Sarbanes-Oxley Act of 2002. Visit HY Markets

  1. Q: what is "sales tax"?

    Category: glossary , Asked by: Z. Bonner from Virginia Beach, United States

    A: A tax imposed by the government at the point of sale on retail goods and services. It is collected by the retailer and passed on to the state. It is based on a percentage of the selling prices of the goods and services and set by the state.

  2. Q: Which forex site offers fast installation interface, in your opinion?

    Category: technical , Asked by: W. Moore from Waco, United States

    A: If you're looking for a forex site with a fast installation download, we absolutely recommend you to try "EToro USA". Downloading and installing the system's interface is no sweat - the communication is flowing, it never breaks off even once while you're downloading, and it's no trouble to understand and start playing.

  3. Q: please tell me what "fabless company" is

    Category: glossary , Asked by: G. X. From France

    A: a "fabless company " is The Fabless Semiconductor Association (FSA) defines fabless as follows: Fabless (without fab) refers to the business methodology of outsourcing the manufacturing of silicon wafers, which hundreds of semiconductor companies have adopted. Fabless companies focus on the design, development and marketing of their products and form alliances with silicon wafer manufacturers, or foundries. The fabless model is an attractive and popular option for many semiconductor companies. By adopting a fabless business strategy, a company can focus time and resources on the design of innovative integrated circuits, while avoiding the high cost of building, operating, and upgrading a manufacturing facility.

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