account for


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account for someone or something

to know the state of or whereabouts of someone or something. (Usually in reference to some person or thing placed in one's charge.) They cannot account for three of the passengers.
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account for something

to explain something. Your explanation accounts for everything that has happened.
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account for something

1. to explain the reason for something More police on the streets accounted for less street crime.
2. to form the total of an amount of something In Florida, people over 60 account for more than 25 percent of the population.
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account for

1. Be the determining factor in; cause. For example, The heat wave accounts for all this food spoilage, or Icy roads account for the increase in accidents.
2. Explain or justify, as in Jane was upset because her son couldn't account for the three hours between his last class and his arrival at home . Both of these related usages are derived from the literal meaning of the phrase, that is, "make a reckoning of an account." [Second half of 1700s]
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account for

v.
1. To keep a record of how money has been spent: The job of the treasurer is to account for every penny that is earned or spent.
2. To know or find out where something or someone is: She has accounted for every item that was missing.
3. To explain or justify something: This is a good theory, and it accounts for all the data that the scientists collected. How do you account for their strange behavior?
4. To form some proportion or amount of a larger whole or group: These useless catalogs account for at least half the mail we get every day.
5. To be the reason or explanation for something: His good manners account for his popularity.
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References in periodicals archive ?
The impact on net income would depend on how regulators adjust permitted rate recoveries and whether companies would be allowed to record regulatory assets and liabilities to account for the differences between related cash inflows and recognized expenses in accordance with FASB Statement no.
Another 26% account for those costs exclusively as a liability.
94-1 Accounting problem: May an investor in a limited partnership that operates a qualified affordable housing project account for its investment using either the effective yield method (subject to certain conditions) or the guidance in SOP 78-9?
The only liquid asset account for which nondepositor institutions are important is money market accounts; nearly one-fourth (0.
The ceding enterprise and the assuming enterprise should account for changes in coverage in the same manner as changes in other contract costs.
The EITF reached a consensus that the seller-lessee should account for the transaction as a sale-leaseback in accordance with paragraphs 32 and 33, as amended.
The EITF reached a consensus that companies that currently have operations in the coal industry are permitted to account for their obligation under the act either as participation in a multiemployer plan or as a contingent loss in accordance with FASB Statement no.
Accounting problem: (1) Should companies that currently have operations in the coal industry account for estimated payments for postretirement health and dental benefits arising from the Coal Industry Retiree Health Benefit Act of 1992 either as participation in a multiemployer plan or as a contingent loss?
To qualify, (1) the transfer must occur in a plan year beginning after December 31, 1990, but before the employer's 1996 tax year and (2) the amount of the pension assets transferred must not exceed the amount reasonably expected to be paid out of the account for qualified current retiree health liabilities.
Should Parent account for Subsidiary's transfer to Target at fair value, as in a purchase accounting transaction, or at historical cost, as in a transfer between entities under common control?
On how to account for the transaction in Target's separate financial statements, three possible approaches were considered:
Parent should account for Subsidiary's transfer to Target as a purchase of Target under Opinion no.