Examlex
Validity refers to a form of testing used with employment equity programs to determine demographic data.
Vacation Pay
Compensation owed to employees for their entitled but unused vacation time, often recognized as a liability on the balance sheet.
GAAP
An aggregation of universally recognized rules and standards in accounting for presenting financial information.
Non-Interest-Bearing Note
A type of promissory note that does not accrue interest over its life, with the borrower repaying only the principal amount borrowed.
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