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Meaning of revenue recognition | Babel Free

Noun CEFR B2

Definitions

The point at which revenue is recognized or recorded, which, depending on the system, may be when the money is received (cash basis), or may be when goods are transferred to the customer (accrual basis).

uncountable

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

revenue sharing grant revenue stamp revenuer rever Reverb reverb plate

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