The term "business failure" has basically the same meaning as "audit failure" as they pertain the auditing profession.

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The term "business failure" refers to a company's inability to meet its financial obligations or generate profits. On the other hand, "audit failure" refers to situations where auditors fail to provide an accurate report on a company's financial statements. While the two concepts are related to the overall performance of a business, they have different meanings and implications.

The Term "Business Failure" Has Basically the Same Meaning as "Audit