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Related Definitions
Errors and omissions insurance Errors and omissions insurance is an insurance policy providing businesses with coverage and protection against potential lawsuits from clients or customers.
Errors of Principles Errors of principles refers such errors arise when the entries are not recorded according to the fundamental principles of accountancy,
Errors of duplication Such errors arise when entry in a book or original entry has been made twice and has also been posted twice, are called errors of
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