SELF-CHECKING DIGIT Definition

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SELF-CHECKING DIGIT is where an extra digit is added to a number. The extra digit is computed from the other digits in the number. The computer program can then check input by recomputing and comparing the check digit. This is a useful control over the input of account numbers.

Learn new Accounting Terms

CRUT is an acronym for Charitable Remainder Unitrust.

LDC is Less-Developed Countries.

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