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Sometimes a construction has a long-term project like building a skyscraper in Chicago for another company for which it is paid quarterly for the work

Sometimes a construction has a long-term project like building a skyscraper in Chicago for another company for which it is paid quarterly for the work it has done each quarter over a five-year period. The revenue generated in each quarter is only a portion of the overall revenue that the project will generate for the construction company. The revenue generated in a single quarter is called what? An accrual Capital expenditure PE Ratio Market capitalization Liquid Assets

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The revenue generated in a single quarter in this context is typically referred to as accrual Accrual accounting recognizes revenue as it is earned and expenses as they are incurred regardless of when ... blur-text-image

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