N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.8 - Accrual
(a) The recognition
of events and conditions as they occur, rather than in the period of their
receipt, or payment.
(b) The
partial recognition of an item of revenue or expense and its related assets or
liability resulting from the lack of coincidence of the reporting period and
the contractual or benefit period.
(c) An amount accrued.
Notes
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