Expense Recognition
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The production, sales, or cash receipts method can be used to assign revenues to periods of time. Expense recognition involves assigning or matching expenses to periods of time. Some expenses are closely related to the revenues assigned to periods of time. For example, the costs of goods sold during a period reflect the costs of materials, labor, and manufacturing overhead incurred to produce units of product that were sold.
Détails
- Date de publication
- May 22, 2013
- Langue
- English
- Catégorie
- Éducation & langues
- Copyright
- Tous droits réservés - Licence de copyright standard
- Contributeurs
- Par (auteur): Homework Help Classof1
Caractéristiques
- Format