CHECK DIGIT Definition

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CHECK DIGIT is a redundant digit added to a code to check accuracy of other characters in the code.

Learn new Accounting Terms

UNIT-CONTROL SYSTEM is an accounting system used in inventory management that tracks inventory using bin tickets and physical inventory checks.

INTERNAL is inside the country, e.g. a nations internal politics; or, happening, arising or located inside a company, e.g. internal requirements or transactions.

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