revenue recognition
C1CEFR level
78/100Rarity: rare
TechnicalRegister
The accounting principles that determine when and how much revenue can be recorded in the accounts.
Under the new revenue recognition rules, we can only book the licence fee as we deliver the service.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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