Define accounts payable, Define Accounts Payable. Explain

Define accounts payable

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Reference no: EM131923999

Name the 5 management functions discussed in class.

POSDC : Planning, Organizing, Staffing, Directing, and Controlling

1. Explain why healthcare organizations hold cash and marketable securities.

2. Define Accounts Payable.

3. What are the 7 steps in the A/R Cycle

4. Explain “management of Working Capital” and why it is important.

5. Describe 3 approaches to manage/slow the A/P cycle.

6. Explain “Safety of Principal” and what investment vehicles offer relative “Safety of Principal.”

7. Explain “lost charges.”

8. Explain how healthcare organizations deal with “emergency replacement” of capital items.

9. Explain the terms “wire transfer” and “lock box.”

Reference no: EM131923999

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