Examlex
What were the original purposes of SQL, and does SQL as we know it today live up to those standards?
Expense Recognition
An accounting principle that dictates the conditions under which an expense is recognized and recorded in financial statements.
Revenue
The total amount of income generated by the sale of goods or services related to a company's primary operations.
Liability
A financial obligation or amount owed by a company to another party.
Asset
An economic resource that is owned or controlled by an individual or entity, expected to provide future benefits.
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