Examlex
What assumption of astronomers prior to Tycho and Kepler held back progress on understanding the place of Earth in the solar system and the nature of planetary orbits?
Accrual Accounting
An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash is received or paid.
Proprietary Fund Types
Types of funds used by governmental entities to account for activities similar to those found in the private sector, where the intent is to recover costs through user charges.
Internal Service Funds
Funds used by a government entity to account for the services provided by one department to other departments on a cost-reimbursement basis.
Enterprise Funds
Governmental accounting funds used to account for operations financed and operated in a manner similar to private business enterprises, where the intent is that the costs are financed primarily through user charges.
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