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Describe the two dimensions of parenting that are important throughout childhood.
GAAP
Generally Accepted Accounting Principles, a collection of commonly-followed accounting rules and standards for financial reporting.
Research and Development
Activities undertaken by a business to develop new products or improve existing ones, often involving innovation and technological advancement.
Capitalized
The process of recording an expenditure as an asset, rather than an expense, allowing a company to spread out the cost over time.
Natural Resource Depletion
The consumption of natural resources faster than they can be replenished, specifically accounted for in the valuation and depreciation of such resources by companies.
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