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5 Cards in this Set
- Front
- Back
Accounts payable |
Money an organization owes its vendors and suppliers. |
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Accounts receivable |
Money an organization's customers owe the organization. |
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Affinity diagramming |
Data-sorting technique in which a group categorizes and sub-categorizes data until relationships are clearly drawn. |
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Assets |
Financial, physical, and sometimes intangible properties an organization owns. |
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Balance sheet |
Statement of an organizations financial position at a specific point in time, showing assets, liabilities, and shareholder equity. |