WIDGET is a device that is very useful for a particular job. Often used within a name of a fictitious company.
ABNORMAL ITEMS see EXTRAORDINARY ITEMS.
DEFERRED, in accounting, is any account where the asset or liability is not realized until a future date, e.g. annuities, charges, taxes, income, etc. The deferred item may be carried, dependent on type of deferral, as either an asset or liability.
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