Examlex
The ________ involves operating and maintaining the new system until it no longer satisfies the organization's needs.
GAAP Standards
Generally Accepted Accounting Principles; a set of rules and standards used for financial reporting and accounting in the United States.
Pension Asset
Refers to the resources set aside by a company in a pension fund to meet future pension liabilities to its employees.
Projected Benefit Obligation
A measurement of the present value of future pension benefits earned to date as estimated by actuaries, used in accounting for pension plans.
Balance Sheet
A report detailing a company's assets, obligations, and the equity of its shareholders at a particular moment.
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