CURRENCY TRANSLATION Definition

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CURRENCY TRANSLATION see FOREIGN CURRENCY TRANSLATION.

Learn new Accounting Terms

INTERNAL AUDITOR is an auditor who works directly for a company auditing its activities throughout the year. Internal auditors of corporations are often not certified auditors, though they usually have significant accounting experience. They should report directly to the board of directors of the corporation.

PROBABLE an event happening is probable if it is uncertain but likely to happen.

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