Accrual-based accounting requires a business to match the expenses it incurs with the revenues it generates each accounting period. Because a long-term asset, such as a piece of equipment, contributes ...

Distribution agreements come in many flavors, and it is important to know what type of agreement is in question before analyzing any given issue. The various types of ...

In drug development, the term “modality” refers to the category of therapeutic based on its chemical or biological nature. Small molecules are the most established modality, known for their chemical ...

Lipid oxidation is a significant issue for the meat industry. This is because lipid oxidation can have a detrimental impact on not only sensory quality, in terms of odor and flavor, but it can also ...

Whiskey is a distilled spirit made from grains and is aged in barrels. Scotch refers to a special type of whisky made in Scotland.