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This scientist was the first to use the telescope in astronomy.
Restricted Fund Method
An accounting approach used for reporting where resources are segregated based on restrictions or designations imposed by donors or regulators.
Deferral Method
An accounting practice where certain revenues and expenses are deferred to future accounting periods, rather than being recognized immediately.
Encumbrance System
A financial accounting system used primarily by governments that tracks commitments made against funds before they are actually spent, ensuring that appropriations are not exceeded.
Expenditure Basis
An accounting method where expenses are recognized and recorded at the point when the obligation is incurred.
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