Online Accounting Dictionary

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Raw materials inventory represents items that the manufacturer has purchased or produced to use in manufacturing a product.
Recognition is the fact of recording an event in financial records (books).
Reconciling item is one or several differences between compared records (balances) in an accounting reconciliation.
Relevant range is the volume of activity, over which cost behavior stays valid.
Restricted cash is cash not available for immediate use. Such cash cannot be used by a company until a certain point or event in the future.
Retained earnings form a component of equity resulting from earnings activities.
Revenue is an increase in assets or decrease in liabilities resulting from the operating activities of an entity.

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