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Committee of Sponsoring Organizations
A voluntary private sector organization dedicated to providing guidance on risk management, governance, and internal control frameworks.
Cash Over
A situation where the amount of cash on hand is greater than the expected amount, indicating possible errors or oversight.
Cash Short
A situation where the actual cash on hand is less than the expected amount, often due to errors or theft.
Income Statement
A financial statement that provides a summary of a company's revenues, expenses, and profitability over a specific period.
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