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PHR Flashcards

Description

from Sandra Reed's PHR/SPHR Study Guide 4th Edition

Flashcards by Ali Stabler, updated more than 1 year ago

	Created by Ali Stabler about 6 years ago

147

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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