About us Privacy Disclaimer Contact us
Home FAQ Advertising Feedback

  You are here: Home > Business terms > Revenue recognition principle

Term: Accounting -> Revenue recognition principle
Term:

Revenue recognition principle

Definition:

The idea that revenues should be recorded when (1) the earnings process has been substantially completed and (2) an exchange has taken place.

Related terms:

Performance Budget

Allowance for bad debts

Useful articles:
»Keep Your Salespeople (and Buyers) Motivated
»Breaking the Bad Habit of Sleep Deprivation
»Creating Opportunity
»Sales Methodology Implementation


Salary
Adjusted Cost
Loan


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

  Disclaimer | Privacy | Terms of useCopyright © 2004 Business-terms.net