Examlex
Faced with high crime rates and high recidivism rates, criminal justice officials throughout the world, except for in the United States have turned to a crime control model.
Total Assets
The sum of all assets owned by an entity, including both current and non-current assets.
Time Period Assumption
An accounting principle that assumes a business's complex and ongoing activities can be divided into shorter time periods, such as months, quarters, or years.
Prepaid Expense Account
An asset account that represents payments made in advance for goods or services to be received in the future.
Expenses
Outflows of resources or incurring of liabilities (or a combination of both) resulting from a company's activities intended to generate income.
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