- the accrual principle
- the accrual principle UK US noun [S] ACCOUNTING► ACCRUALS BASIS(Cf. ↑accruals basis)
Financial and business terms. 2012.
the accrual principle
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the accruals basis — ► (also the accrual(s) method, also the accrual(s) principle) a method used in accounting in which amounts of money are recorded at the time something is bought or sold, although payments may not yet have been made or received: »While the full… … Financial and business terms
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