Asked by
Hunter Courtney
on Oct 15, 2024
Verified
A receivable is an amount due from another party.
Receivable
An amount owed to a business, typically by customers, that is expected to be paid within a short duration.
Party
An individual or entity involved in a legal transaction or agreement.
- Comprehend the fundamentals and importance of accounts receivable management and its effect on liquidity.
Verified Answer
AS
Learning Objectives
- Comprehend the fundamentals and importance of accounts receivable management and its effect on liquidity.