REC Accounting Abbreviation

Also known as: REC., REC-

REC has various meanings in the Accounting category. Discover the full forms, definitions, and usage contexts of REC in Accounting.

Receipt

Most Common

Receipt can be either an act of receiving money or a document made by the receiver of cash acknowledging that the money has been received.

Accounting
Recovery

The removal of residual stresses by localized plastic flow as the result of low-temperature annealing operations; performed on cold worked metals without altering the grain structure or strength properties substantially. In Backup, Recovery, and Media Services, the process of locating and restoring data in the event of partial or total data destruction.

Accounting
Recreation

In organizational studies, resource management is the efficient and effective deployment of an organization's resources when they are needed. Such resources may include financial resources, inventory, human skills, production resources, or information technology.

Accounting
Receivables

Shown as assets on a balance sheet, money which is owed to a company by customers who have purchased goods or services on credit.

Accounting

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