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The objective of any business enterprise is to generate income that will provide owners with a return on their investment. The major source of income for most enterprises is from its operation the process of generating revenue by providing goods and services to outsiders. Operations involve the incurring of costs and expenses, and unless a satisfactory level of revenue is generated a loss or a low level of income will result, no matter how carefully costs and expenses are controlled consequently, the meaning of revenue and the criteria for its recognition are important not only to accountant,…mehr

Produktbeschreibung
The objective of any business enterprise is to generate income that will provide owners with a return on their investment. The major source of income for most enterprises is from its operation the process of generating revenue by providing goods and services to outsiders. Operations involve the incurring of costs and expenses, and unless a satisfactory level of revenue is generated a loss or a low level of income will result, no matter how carefully costs and expenses are controlled consequently, the meaning of revenue and the criteria for its recognition are important not only to accountant, but also to the enterprise and to the users of its financial statements.
Autorenporträt
Maryu Markos Madebo is a finacne professional with experience of Banking in commercial bank of Ethiopia, finance director in Local non-governmenr organization (LNGO) and Grant officer in International non-government organization (INGO). He is earned his masters of scinence degree in Accounting & finance from Hawassa University, Ethiopia.