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Expense Recognition
The accounting principle that expenses should be recognized in the period in which they contribute to revenue, following the matching principle.
Amortization
The gradual reduction of a debt over a period of time through regular payments of principal and interest.
Sales Commissions
Fees paid to salespersons for generating sales, typically calculated as a percentage of the sale amount.
Depreciation Measures
The methods or calculations used to determine the amount by which an asset's value decreases over time, such as straight-line or declining balance methods.
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