ACRS Definition

Bookmark and Share

ACRS is Accelerated Cost Recovery System.

Learn new Accounting Terms

MORTGAGE is a conditional conveyance of property as security for the repayment of a loan.

INHERENT LIMITATION is whether the potential effectiveness of an entity's internal control is subject to inherent limitations, e.g., human fallibility, collusion, and management override.

Suggest a Term

Enter Search Term

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