Examlex
Instructions: Identify the following term(s).
Francisco Pizzaro
Capital Assets
Long-term assets acquired or owned by a company or individual, anticipated to be used for more than one year, and intended for the operation or investment purposes.
Government-Owned Landfill
A waste disposal facility owned and operated by a governmental entity for the management of trash and recyclables.
Accrued
Expenses or revenues that have been incurred but not yet recorded in the company's accounts during the accounting period.
Pro-Rated Basis
The allocation of amounts or costs in proportion to some factor, such as time or usage.
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