Examlex
Despite the popularity of drug testing, there is no clear evidence that applicants who score positive on drug tests are less reliable or productive employees.
Unadjusted Trial Balance
A financial report that lists all accounts and their balances before adjustments, used to ensure debits equal credits.
Accrual Accounting
An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash is received or paid.
Incurred
Describes expenses that have been realized or experienced by a business or individual.
Matching Principle
An accounting principle that expenses should be recorded in the same period as the revenues they helped to generate, to provide a more accurate picture of financial performance.
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