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OVERSTATED | English meaning - Cambridge Dictionary
Overstated is the past tense and past participle of overstate, which means to describe or explain something in a way that makes it seem more important or serious than it really is. See how to use overstated in sentences and synonyms and antonyms of overstate.
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OVERSTATE Definition & Meaning - Merriam-Webster
Overstate means to state in too strong terms or exaggerate. Learn the synonyms, example sentences, word history, and usage of overstate from Merriam-Webster dictionary.
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What does overstated mean? - AccountingCoach
Overstated means the reported amount is incorrect and more than the true or correct amount. Learn how to identify and correct overstated accounts with a prepaid insurance example and a quiz.
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OVERSTATE definition and meaning | Collins English Dictionary
Overstate means to describe something in a way that makes it seem more important or serious than it really is. See the word forms, synonyms, sentences and usage of overstate in British and American English.
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OVERSTATED definition and meaning | Collins English Dictionary
If an account or a figure on an account is overstated, the amount that is reported on the financial statement is more than it should be. Auditors will be asking the company's directors to explain why non-current assets in the accounts were overstated and not reported at their recoverable amount.
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What is the Meaning of Understated and Overstated in Accounting?
Understated and overstated are two terms that describe the inaccuracy of accounting figures. Accountants use these terms primarily when reviewing financial statements. The terms also apply to other situations, however, often found in a company’s general ledger or subsidiary journals.
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What does overstated mean? - Definitions.net
Overstated refers to describing or representing something in a way that makes it seem more impressive, exaggerated, or worse than it really is. It can relate to aspects such as importance, size, value, or seriousness. ... How to pronounce overstated? How to say overstated in sign language?
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Commonly Confused Words: Overstated/Understated - BriefCatch
Learn the difference between overstated and understated, two verbs that mean to exaggerate or minimize something. See how to use them correctly in legal writing with examples and a mnemonic device.
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What does overstated mean in accounting? - California Learning Resource ...
Direct Answer: What Does Overstated Mean in Accounting? In accounting, overstated refers to a situation where a company’s financial statements, specifically its balance sheet or income statement, present a misleadingly high or excessive value for a particular asset, liability, revenue, or expense item.
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Overstate Definition & Meaning | Britannica Dictionary
The company overstated revenue [=the company reported more revenue than it actually earned] for the past year. It would be overstating the case to say that it was a matter of life or death. It's not an overstatement to say that he'll eat anything. He is often given to overstatement.