Examlex
Using block grants to return power to the states was part of ________ during the Nixon
(1969-1974) and Reagan (1981-1989) administrations.
GAAP
Generally Accepted Accounting Principles; a collection of commonly-followed accounting rules and standards for financial reporting.
Operating Segment
A distinct part of a business that engages in business activities which earn revenues, incur expenses, and is regularly reviewed by management.
Chief Operating Officer
A senior executive tasked with overseeing the day-to-day administrative and operational functions of a company.
Revenues
The income that a business receives from its normal business activities, typically from the sale of goods and services to customers.
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