Outrageously Funny Word Dictionary :: Misdivide

👉 Misdivision, in the context of accounting and finance, refers to a situation where an entity does not divide its assets or liabilities correctly. This can occur when an entity fails to accurately record the value of its assets or liabilities in accordance with generally accepted accounting principles (GAAP) or financial reporting standards. In simpler terms, misdivision means that an entity has incorrectly recorded the value of its assets and liabilities on its balance sheet, which is not consistent with its reported figures. This can lead to inaccur

misdivide