👉 In the context of accounting, an "overshrink" refers to a situation where a company has overstated its financial statements. This is typically seen in situations where a company has made a significant overpayment or underpayment on accounts receivable, inventory, or other related assets.
An overshrink can occur due to several factors:
1.
Overpayment
: In this case, the company may have paid more than it should have for an item or service.
2.
Underpayment
:
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