Examlex
Twenty dogs and 20 cats were subjects in an experiment to test the effectiveness of a new flea control chemical. Ten of the dogs were randomly assigned to an experimental group that wore a collar containing the chemical, while the others wore a similar collar without the chemical. The same was done with the cats. After 30 days the veterinarians were asked to inspect the animals for fleas and evidence of flea bites. This experiment is...
Deferral Method
An accounting technique that involves delaying the recognition of income or expenses until a later accounting period.
Unrestricted Contributions
Donations that can be used by the recipient for any purpose, without any constraints or designated restrictions by the donor.
NFP Accounting
Accounting practices specific to Not-For-Profit organizations, focusing on fund accounting, donor restrictions, and reporting financial performance in a manner distinct from profit-oriented businesses.
Capitalize
The act of recording a cost or expense on the balance sheet for purposes of delaying full recognition of the expense over time through depreciation or amortization.
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