Examlex
Binet and an associate created a test made up of "intellectual" questions and problems and learned which questions an average child could answer at each age. Then, they gave other children this test and were able to tell whether a child was
Journal Entry
A record in bookkeeping that logs the debit and credit aspects of a financial transaction.
Retained Earnings
The portion of a business's profits not distributed to shareholders, reinvested in the business instead.
Push-down Accounting
An accounting method applied in business combinations where the purchase price of an acquired entity is reflected in the financial statements of the acquired company.
Business Combination
A transaction or event in which two or more businesses come together to form a single reporting entity, typically involving the acquisition of one by another.
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