What does cash audit mean?

cash audit meaning in Law Dictionary

The taped information of most inbound and outgoing money. All money obtained and sent is normally brought forth in receipts or accounting documents.

cash audit meaning in Business Dictionary

Full or partial audit of money transactions over a particular period, to find out if (1) all cash obtained is properly taped, (2) all disbursements tend to be correctly authorized and recorded, (3) recorded money balance fits money available and/or on deposit.