Examlex
Organizations tend to form two clusters based on their span of control,centralization,and formalization.The two clusters represented by these organizational design features are called:
U.S. GAAP
Generally Accepted Accounting Principles in the United States, a standard framework of accounting rules for financial reporting.
IFRS
International Financial Reporting Standards; a set of accounting standards developed by the International Accounting Standards Board (IASB) for international use.
U.S. GAAP
The codification of how financial transactions and events are to be reported in the financial statements, developed and maintained by the Financial Accounting Standards Board (FASB) for the United States.
Straight-Line Method
A depreciation method where an equal amount of depreciation expense is allocated for each year of the asset's useful life.
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