What does recognition mean? recognitionNoun The process of formally recording a business transaction or event in an entity’s financial accounting records. Related Item(s):What are the key principals of accrual accounting?What is inventories?What are credit impairment and loss allowance? 2020-04-27T15:02:23+02:00 Share the knowledge! Choose your platform: FacebookXRedditLinkedInTumblrPinterestVkEmail Leave A Comment Cancel replyYou must be logged in to post a comment.
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