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PHR Flashcards

Description

from Sandra Reed's PHR/SPHR Study Guide 4th Edition
Ali Stabler
Flashcards by Ali Stabler, updated more than 1 year ago
Ali Stabler
Created by Ali Stabler about 7 years ago
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Resource summary

Question Answer
Accrued Expense expenses that have been incurred but not yet paid ie. vacation leave/pay
Accounts Payable Money owed by the business to its suppliers
Accounts Receivable Money owed to the business by its customers
Assests Tangible or intangible items of value owned by the business
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