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Title: Chart Auditing
Author: Gary P. Menzel
Source: 1999 American School of Gas Measurement Technology
Year Published: 1999
Abstract: Auditing of measurement stations is critical to insure proper credit for gas produced and sold. Our experience has shown that over 3% of months audited on chart measurement stations have problems, which result in a measurement adjustment. Return on investment in auditing should be greater than two to one. If properly installed check measurement exists and is used to select those stations for which a full audit is performed, the return may be a high as ten to one, not including the ongoing cost of the check measurement, or four to one including such costs. Therefore failing to properly audit can result in substantial profit loss for your company. There are benefits to auditing above the direct increase in revenues associated with retroactive measurement adjustments. Verification of your own measurement procedures, identification of certain operational problems and correction of conditions, which result in poor measurement, are among these benefits. Also, there is the difficult to quantify effect, that once a problem is identified in the audit process and corrected, the same problem does not continue in following months, though it may re-occur. There may be a reduction in the number of mistakes occurring after an audit program begins, since no one likes someone else finding their mistakes.




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