Examlex
Urbanization increases the lag time between the time of peak rainfall and the time of flooding.
Self-Contained Unit
A segment or part of a business that operates independently or contains all necessary elements to function independently.
Current Rate Method
In currency translation, the method that uses the exchange rate at the balance sheet date to convert all financial statement items from a foreign entity's functional currency to the reporting currency.
U.S.GAAP
United States Generally Accepted Accounting Principles, the standard framework of guidelines for financial accounting used in the U.S.
Temporal Method
An accounting method for converting foreign currency transactions based on exchange rates at the time the transactions are made.
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