Examlex
A human resource audit summarizes an employee's skills but not abilities.
Aging
The process of categorizing accounts receivable based on the length of time an invoice has been outstanding.
Accounts Receivable
The total owed by customers for goods or services they've received from a company yet haven't paid for.
Bad Debts
Accounts receivable that a company does not expect to collect and writes off as a loss in its financial statements.
Balance Sheet Approach
A method for evaluating foreign subsidiaries in which assets and liabilities are translated at the current exchange rate, whereas equity accounts are translated at the historical exchange rates.
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