ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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SIGNIFICANT DEFICIENCY Definition
SIGNIFICANT DEFICIENCY, in finance, is an internal control shortcoming in a highly important control area or an aggregation of such deficiencies that could result in a misstatement of the financial statements that is more than inconsequential.
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ATTRIBUTE SAMPLING is a property that has only two possible values (an error exists or it does not).
NON-OPERATING ASSETS is assets not necessary to ongoing operations of the business enterprise.
