Examlex
What are the five SIGI subsystems?
Accrued Expense
Expenses that have been incurred but not yet paid for, recognized in the accounting periods they are incurred rather than when cash changes hands.
Unearned Revenue
Income received by a company for goods or services that have not yet been delivered or performed; it is recorded as a liability on the balance sheet until the goods or services are provided.
Rental Payments
Periodic payments made by a lessee to a lessor for the use of an asset.
Received
A term denoting that something has been accepted or collected, often used in financial transactions or in the acknowledgment of messages or goods.
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