Examlex
On a phylogenetic tree, distantly related species diverge from branch points nearer to the tree's:
Encumbrance System
A financial accounting system used primarily by governments that tracks commitments made against funds before they are actually spent, ensuring that appropriations are not exceeded.
Expenditure Basis
An accounting method where expenses are recognized and recorded at the point when the obligation is incurred.
Purchase Orders
Purchase orders are official documents issued by a buyer committing to pay the seller for the supply of specific goods or services at agreed upon prices and terms.
Deferred Contribution Revenue
Revenue recognition principle wherein contributions or gifts received by an entity are deferred and recognized as income over time or when specific conditions are met.
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