State the Accounting Term That Applies to Each of the Following

question 175

Essay

State the accounting term that applies to each of the following definitions.
$$\begin{array} { | l | l | } \hline \text { Definition } & \text { Accounting Term } \\\hline \text { Principle that states significant items must } & \\\text { conform to GAAP. } & \\\hline \text { Treats the most recent/newest purchases } & \\\text { as the first units sold. } & \\\hline \text { Requires that a company report enough } & \\\text { information for outsiders to make } & \\\text { knowledgeable decisions. } & \\\hline \text { Identifies exactly which inventory item } & \\\text { was sold. Usually used for higher cost } & \\\text { inventory. }\\\hline\end{array}$$

Articulate the principles of human rights as outlined by the United Nations.

Analyze progress in poverty reduction in specific regions of the world.

Understand the process and importance of recording advance ticket sales and earned revenue from ticket sales.

Gain knowledge in preparing payroll and related journal entries, including computing employee earnings and deductions.

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Definitions:

Banned

Prohibited by law or policy; often refers to the act of officially or legally forbidding something, such as books, substances, or activities.

Black Lives Matter

Civil rights movement sparked by a series of incidents of police brutality and lethal force against people of color.

Police Practices

The methods, tactics, and procedures that law enforcement agencies use in order to maintain public order, prevent crime, and protect citizens.

Excessive Force

refers to the use of force by law enforcement or security personnel that exceeds what is necessary to manage a situation or effect an arrest.