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What are the possible reasons for the shortage after doing cash count?
Wiki User
∙ 9y ago
THE SHORTAGE CAN BE EITHER DUE TO ERROR OR FRAUD.
some of the errors which can cause shortage are;
- errors of omission
- errors of original entry
- error of principle
- error of commission
all these errors can be corrected but fraud is treated as THEFT!
Wiki User
∙ 9y ago
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