Matching principle

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hu28m

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Source: http://www.accountz.com/glossary.html#m
Definition: A method of analysing the sales and expenses which make up those sales to a particular period (eg. if a builder sells a house then the builder will tie in all the raw materials and expenses incurred in building and selling the house to one period - usually in order to see how much profit was made).


Source: http://www.ventureline.com/glossary_M.asp
Definition: see MATCHING CONCEPT.
 

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