Examlex
Monitoring systems may also use ____, which are devices that respond to a stimulus (such as heat, light, or pressure) and generate an electrical signal that can be measured or interpreted.
GAAP
Generally Accepted Accounting Principles, which are a set of accounting standards and principles used in the United States.
Successful-Efforts Method
An accounting approach used in the oil and gas industry where costs are capitalized only if they lead to successful finding of new oil or gas reserves.
Drilling
The process of creating holes in the earth's surface in preparation for the exploration or extraction of resources, such as oil and gas.
Oil Wells
Structures drilled into the earth for the purpose of extracting petroleum and other hydrocarbons.
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