PRIOR PERIOD refers to accounting periods that have occurred in the past. See also ACCOUNTING PERIOD.
CONSORTIUM is an association of companies for some definite purpose.
NON-EXPENDABLE PROPERTY is durable (e.g., equipment and furniture), lasting for a year or longer, and generally has a high dollar value. Non-expendable property must be accounted for throughout its useful life.
Enter a term, then click the entry you would like to view.