Examlex
SUM,MIN,and MAX are examples of Excel functions.
Adjust Revenue
The act of modifying the reported amount of revenue to more accurately reflect the earnings of a period, following certain accounting principles and standards.
Reported
Refers to information or data that has been officially announced or presented.
Matching Principle
An accounting principle that states expenses should be recognized in the same period as the revenue they helped generate.
Recorded
The act of entering financial transactions or information into accounting records.
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