MATCHING CONCEPT Definition

Bookmark and Share

MATCHING CONCEPT is the accounting principle that requires the recognition of all costs that are directly associated with the realization of the revenue reported within the income statement.

Learn new Accounting Terms

OPEN ACCOUNT is a non-guaranteed payment arrangement, e.g. similar to department store credit. Goods are purchased and delivered without payment. Future payment for delivered goods is dependent on the good faith of the purchaser.

SDCF is Sales & Distribution Cash Flow.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.