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Taking a Broader Perspective: the Problem of External Validity When

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Taking a Broader Perspective: The Problem of External Validity When we evaluate research results for their consistency with prior studies, the extent to which they extend our knowledge, or their implications for broader theoretical issues, we are addressing their


Definitions:

Accruals

Accounting adjustments for revenues that have been earned or expenses that have been incurred but not yet recorded through daily entries.

Deferrals

Expenses or revenues that have been recorded but not yet realized. This can involve money that has been received or paid but not yet earned or incurred.

Adjusting Entries

Documentation in accounting completed at the end of a financial period to rightly assign incomes and expenses to the appropriate time.

Office Supplies

Items used in offices for daily operations, such as paper, pens, and staplers.

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