Internal & external audits: first-, second-, and third-party audits. 1  A first-party audit is performed within an organization to measure its strengths and weaknesses against its own procedures or methods and/or against external standards adopted by (voluntary) or imposed on (mandatory) the organization.
Precursor (chemistry) In chemistry, a precursor is a compound that participates in a chemical reaction that produces another compound. In biochemistry, the term precursor often refers more specifically to a chemical compound preceding another in a metabolic pathway, such as a protein precursor. 1 Illicit drug precursors.
A prequel is a literary, dramatic, or filmic work whose story precedes that of a previous work, by focusing on events that occur before the original narrative. A prequel is a work that forms part of a back-story to the preceding work. All prequels are, by definition, essentially sequels in that they expand on a previous or preceding work.. The term is a 20th-century neologism that is a portmanteau of the prefix pre- (from Latin prae, before) and sequel.