revenue recognition principle (EN)

ordforbindelse

ordforbindelse “revenue recognition principle”

1. indregningsprincippet for indtægter (reglen om, at en virksomhed skal registrere indtægter, når de er optjent, selvom betalingen endnu ikke er modtaget)
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   According to the revenue recognition principle, the store recorded the sale when the customer took the goods home, even though his card payment has not been processed yet.