And it's not as though all spending on education is public, the OECD report found. Public spending accounts for just 70 cents of every education dollar in the United States. Parents picked up another 25 cents and private sources paid for the remainder in 2010.
Ad hoc is an adjective used to describe things that are created on the spot, usually for a single use. A Latin term that translates literally as âfor this,â ad hoc implies innovation, creativity and spontaneity. The term is widely applied in information technology (IT) and business contexts. Here are a few examples: An ad hoc network is a local area network (LAN) that is built spontaneously as devices connect.
Ad hoc accounting is done for a specific purpose without considering any other issues. Ad hoc comes from the Latin and means as the occasion requires.. The ad hoc principle applies to many dimensions in business. There may be an ad hoc committee formed to consider a specific issue, often of an urgent nature. Ad hoc accounting and reporting means that the accounting activity or report is produced to answer a single, specific question without prior planning or notice. Ad hoc analysis often comes in the form of a report or data summary.