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Term of the Day
accounting error
shrinkage
accounting information system (AIS)
Definition
An accounting-related item is unintentionally misrepresented or is measured inaccurately.
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Popular 'Accounting' Terms
current ratio
equity
working capital
asset
EBITDA
revenue
net income
negotiable
net profit
net worth
Related Terms
accounting information system (AIS)
shrinkage
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