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Both system and object privileges can be granted with the GRANT command.
Recorded When Earned
A principle indicating that revenue should be recognized in the accounting period in which it is earned, regardless of when the cash is received.
Accrued Revenues
Revenues that have been earned by providing goods or services but have not yet been received or recorded.
Cash Receipts
Cash receipts are the records of all cash inflows, representing money received by a business, typically from its operational activities like sales or services.
Accrue Employee Salaries
The process of recognizing the cost of salaries earned by employees but not yet paid to them.
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