CONSTRAINT Definition

Bookmark and Share

CONSTRAINT is a limiting factor to business activity.

Learn new Accounting Terms

PRICE TO REVENUE is a financial ratio derived by dividing current stock price by revenue per share (adjusted for stock splits).

OBJECTIVITY PRINCIPLE states that accounting will be recorded on the basis of objective evidence. Objective evidence means that different people looking at the evidence will arrive at the same values for the transaction. Simply put, this means that accounting entries will be based on fact and not on personal opinion or feelings.

Suggest a Term

Enter Search Term

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