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| Author: | Zarowin, S. |
| Title: | The millennium muddle |
| Journal: | Journal of Accountancy
1997 : DEC, VOL. 184:6, p. 33-35 |
| Index terms: | COMPUTERS CERTIFICATION ACCOUNTING |
| Language: | eng |
| Abstract: | Early in the 1970s, mainframe computers at many banks, securities firms and insurance companies began to generate unexpected errors when they calculated information involving dates that spanned the period before and after December 31, 1999. Both the managers and the data-entry clerks were baffled by the errors; not so the computer programmers. They knew what caused the problem, and they also knew it would grow more serious as the year 2000 approached. Because the years had been recorded in the computers' memory as two digits instead of four. |
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