TIME INTERVAL CONCEPT Definition

Bookmark and Share

TIME INTERVAL CONCEPT, in accounting, requires that financial statements be prepared at regular intervals, e.g. monthly, quarterly, annually.

Learn new Accounting Terms

DISCRETIONARY ACCRUAL is a non-mandatory expense/asset that is recorded within the accounting system that has yet to be realized. An example of this would be management bonus.

MIS see MANAGEMENT INFORMATION SYSTEM.

Suggest a Term

Enter Search Term

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