DOCUMENT RECONCILIATION Definition

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DOCUMENT RECONCILIATION is the synchronization of formalized documents to approved or changed requirements or specifications.

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ACCOUNTING ENTITY is an organization, institution or being that has its own existence for legal or tax purposes. An accounting entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, etc. See also ACCOUNTING ENTITY ASSUMPTION.

PBT see PROFIT BEFORE TAXES.

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