EARNING QUALITY Definition

Bookmark and Share

EARNING QUALITY is best determined through the inverse relationship between the amount of time elapsed between revenue recognition and cash collection.

Learn new Accounting Terms

OBSERVE / OBSERVATION is to watch and test a client action, e.g., taking inventory.

SUMMARY ACCOUNT is a ledger account (such as a control account) whose balance represents the total of other account balances.

Suggest a Term

Enter Search Term

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