performance audit Meaning in the Cambridge English Dictionary
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Meaning of “performance audit” in the English Dictionary

"performance audit" in Business English

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performance auditnoun [C]

uk   us  
HR an ​examination of the ​methods and ​processes used by an ​organization to ​check that it is ​workingeffectively: They are ​working to ​correctoperational shortcomings ​found in a ​performanceaudit two ​years ago.
(Definition of performance audit from the Cambridge Business English Dictionary © Cambridge University Press)
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