Examlex
If a single grounding electrode that is a rod, pipe, or plate does not have resistance to earth of 25 ohms or less, an additional electrode must be installed.
Capital Assets
Long-term assets such as buildings, land, or equipment, which are used in the operations of a business and are not intended for sale in the regular course of business.
CAFR
Comprehensive Annual Financial Report; a set of government financial statements that goes beyond the requirements of generally accepted accounting principles, including details on all funds and activities.
Introductory
Refers to the initial stage or beginning phase of a process, policy, or product.
Modified Approach
An alternative accounting method allowing certain assets to be reported at historical cost rather than being continuously adjusted for market valuation.
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