ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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EITF Definition
EITF see EMERGING ISSUES TASK FORCE.
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ERROR OF OMISSION is an error which occurs as a result of an action not taken. In accounting, the error occurs when both the entries required for a transaction are completely omitted from the books.
STRIPPED BOND is a bond that can be subdivided into a series of zero-coupon bonds.
