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Karen has to evaluate two articles dealing with human resources. One article uses lots of technical jargon, but the other one is written in plain English. Time is short. Karen decides that the technical article must be more important. Karen has just used:
Accounts Receivable
Funds that clients or customers owe to a company for products or services delivered but not yet compensated for.
Accounts Payable
Liabilities of a business that are due to suppliers and creditors within the short term, typically less than a year.
Treasury Stock
Shares that were issued and subsequently reacquired by the company, reducing the amount of outstanding stock on the open market.
Investing Activities
Financial activities related to the purchase and sale of long-term assets and investments, not including cash reserves.
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