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1-31 of 31
Click a definition to match it with a term
comprehensive income
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Net income plus other comprehensive income
Who determines GAAP?
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FASB
Expense Recognition Principle
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The principle that matches expenses with revenues in the period when the
company makes efforts to generate those revenues.
Neutrality
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free from bias
accounting cycle
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steps for business to complete financial statements
revenue recognition principle
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1-31 of 31
Click a definition to match it with a term
comprehensive income
Give this one a try later!
Net income plus other comprehensive income
Who determines GAAP?
, Give this one a try later!
FASB
Expense Recognition Principle
Give this one a try later!
The principle that matches expenses with revenues in the period when the
company makes efforts to generate those revenues.
Neutrality
Give this one a try later!
free from bias
accounting cycle
Give this one a try later!
steps for business to complete financial statements
revenue recognition principle
Give this one a try later!
