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SOFT CLOSE Definition

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SOFT CLOSE, in accounting, is when journal entries may be allowed to periods previously considered closed with the confidence that you can create corrected financial statements and that balances brought forward are corrected; in securities, is when a fund will no longer accept new investors into the fund, however existing shareholders can continue to contribute.

 

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DETECTIVE CONTROL is a control designed to discover an unintended event or result.

CSR see CORPORATE SOCIAL RESPONSIBILITY.


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