In Windows, Files Are Managed with a Tool Known as Finder

question 8

True/False

In Windows, files are managed with a tool known as Finder. On a Mac, that tool is known as Explorer.

Comprehend the techniques for managing and financing working capital, including the use of marketable securities.

Recognize the cost implications of offering trade credit discounts and the use of stretching accounts payable.

Identify the purposes and differences between short-term and long-term cash budgets.

Understand the principles guiding the use of trade credit and the evaluation of credit cost.

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Definitions:

Accounts Payable

Liabilities of a business that are due to be paid to creditors within a short period of time, typically less than one year.

General Journal

A comprehensive accounting ledger that records all types of financial transactions before they are posted to more specific accounts.

General Journal

A primary accounting record used to record all types of transactions in chronological order before they are posted to individual accounts.

Unearned Items

Revenues received by a company for which the goods or services have not yet been provided or completed.