ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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SENSEX is a Bombay Stock Exchange Index (BSE 30-Share Benchmark Sensex Index).
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COMPLIANCE AUDIT is the review of financial records to determine whether the entity is complying with specific procedures or rules.
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.