in different types of businesses as well as different countries, different accounting terms may be used for the same concept. for example, revenue is equivalent to which two terms?

Respuesta :

The two terms is 1.Goods or services sold 2.Sales.

What is businesses terms?

  • A term used in the business world is a word or phrase that refers to a certain idea.
  • Customers, purchase orders, annual leave, and personal loans are a few examples.
  • Terms of sale are crucial for establishing what your company is obligated to give, ensuring that your company is paid (and is not required to continue providing if it is not paid), and minimizing your company's responsibility in the event that something goes wrong.
  • the owners and partners who created and defined the usage of the term, the definition and application of the business term across the various Lines of Business.
  • the physical instantiation of the data, including the authoritative source, acceptable data quality guidelines for measuring the business terms, and the parties who are responsible for these elements.

To learn more about businesses terms refer to:

https://brainly.com/question/14303195

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