CENTIMO Definition

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CENTIMO is a currency of Costa Rica.

Learn new Accounting Terms

CASH IN BANK literally means coin, currency, and cash items on deposit.

INTEGRATED TEST FACILITY is where a fictitious unit, e.g., an employee or department, is established to where sample transactions are posted to the dummy unit during the normal processing cycle. If test transactions are processed correctly that provides evidence that transactions of other units are processed correctly as well.

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