Examlex
The elements along the diagonal of the variance/covariance matrix are:
Accounts Receivable
Amounts owed to a business by its customers for goods or services delivered on credit, expected to be collected in cash.
Notes Receivable
Financial assets representing amounts owed to the holder by the issuer that are supported by formal agreements or promissory notes.
Other Receivable
Amounts owed to a company by entities other than customers, such as tax refunds, advances to employees, or other companies.
Employee Advance
A prepayment to employees by a company, often covering travel expenses or payment before the regular payroll date.
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