Examlex
Coalitions sometimes present problems for groups because:
Deferred Exploration Expenditure
Costs incurred in exploratory activities in mining and oil and gas companies that are capitalized as an asset on the balance sheet until the resources are found to be economically viable.
Sundry Assets
Miscellaneous assets on a company’s balance sheet that do not neatly fit into other asset categories, often of minor value.
Sundry Liabilities
Generally refers to a category of various minor or infrequent liabilities that a company might incur, which are too small or irregular to warrant individual classification.
One-Line Method
An accounting method used in consolidated financial statements where the investment in a subsidiary is presented as a single line item, reflecting the net assets of the subsidiary.
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