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

Answer rating: 100% (QA)

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 ... View the full answer