Examlex
In order to become an ethical practitioner it is important to begin to think like :
Cash
A form of liquid asset that represents immediate purchasing power and can be used for transactions or as a reserve for future payments.
Receivables
Balances owed by customers for the consumption or acquisition of goods and services provided by a company, pending payment.
Accrued Salaries
Salaries that have been earned but not yet paid out to employees.
Current Asset
An asset that is expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer.
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