Glossary entry (derived from question below)
English term or phrase:
cut-off errors
Russian translation:
ошибки, производимие в конце отчетного периода
Added to glossary by
David Knowles
Dec 26, 2002 17:38
21 yrs ago
English term
cut-off errors
English to Russian
Bus/Financial
Accounting
Audit
Stock
Weaknesses:
Lack of physical and financial control over stocks.
Cut-off errors were discovered for widgets despatched prior to the year end but uninvoiced.
Weaknesses:
Lack of physical and financial control over stocks.
Cut-off errors were discovered for widgets despatched prior to the year end but uninvoiced.
Proposed translations
(Russian)
4 +2 | ошибки, производимие в конце финансового года |
David Knowles
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3 +2 | ошибки (учета) при смене отчетного периода |
Nik-On/Off
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Proposed translations
+2
36 mins
Selected
ошибки, производимие в конце финансового года
The cut-off is the end of the financial year.
4 KudoZ points awarded for this answer.
Comment: "Graded automatically based on peer agreement. KudoZ."
+2
4 hrs
ошибки (учета) при смене отчетного периода
Sales could be overstated due to cut-off error, for example, January 2000 sales being invoiced as December 1999.
Purchases could be understated if materials/components received before the year end have not been recorded until after the year end. Such an error might indicate a general lack of control over cut-off.
Purchases could be understated if materials/components received before the year end have not been recorded until after the year end. Such an error might indicate a general lack of control over cut-off.
Peer comment(s):
agree |
protolmach
2 hrs
|
Thanks
|
|
agree |
Eva Blanar
: these are errors occurring in the cut-off process
1 day 17 hrs
|
Thanks
|
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