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Belinda Leach's (2005) work on the transformation of steel workers' families challenged the idea of
Endowment Fund
A fund established to finance a particular purpose of an organization, where the principal is kept intact while the investment income is available for use.
Deferral Method
An accounting technique used to delay the recognition of expenses or revenues until the related cash is paid or received.
Financial Statements
Written records that convey the business activities and the financial performance of a company. They typically include the balance sheet, income statement, and statement of cash flows.
Restricted Donations
Donations given to an organization with specific conditions attached regarding how the funds can be used, often designated for a particular purpose or project.
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