Outrageously Funny Word Dictionary :: Updrag

👉 The term "updrag" in accounting refers to a change in income or expenses that is recorded as an adjustment to existing accounts. Updags are typically made when there is a significant increase or decrease in revenue, such as from increased sales, higher production costs, or changes in the tax rate. This type of adjustment is commonly used in financial reports and helps investors understand how earnings have changed over time.

updrag