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IDENTIFICATIONS -Alchemy and Hermetic Magic

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IDENTIFICATIONS
-alchemy and hermetic magic


Definitions:

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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