ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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CURRENCY CODES Definition
CURRENCY CODES are the International Standard Organization, (ISO), three letter currency codes.
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INCOMPATIBLE DUTIES arise in internal control systems because positive control relies on separation of duties to reduce the chance of errors or fraud. Duties are incompatible if they should be separated for control. For example, one person should not be in a position to both embezzle funds and to hide that embezzlement by changing the recorded accountability.
EXPENDABLE is something that can be used and discarded without hurting the end product or the companys viability.