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The term "current" when referring to a vendor typically indicates that the vendor is actively engaged in business and is up to date with their obligations, such as providing products, services, or payments. It may also imply that the vendor is in good standing, with no outstanding issues or disputes. In some contexts, being "current" can also refer to the timeliness of their offerings or the relevance of their products in the market.
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When referring to a vendor the term current means?
When referring to a vendor, the term "current" typically means that the vendor is actively providing products or services to the organization at the present time. It indicates that the vendor relationship is ongoing and that the vendor is up-to-date with the necessary requirements, such as contracts, pricing, and compliance standards. Current vendors may also be distinguished from past vendors or potential vendors in discussions about supply chain management and procurement.
What do current liabilities mean in accounting?
Current Liabilities in accounting are amounts that are owed by a business. The two types of current liabilities are short-term and long-term liabilities.
What is a other term for current?
Another term for "current" is "flow," especially when referring to the movement of electric charge or fluid. In a more general context, "present" can also be used to denote something happening now. Additionally, in the context of trends or events, "contemporary" may serve as a synonym.
Is short term debt the same as current liabilities?
Current liabilities are liabilities that are due within 12 months. Short term debt is a current liability. However, there are other current liabilities. For example, taxes payable, interest payable, wages payable, accounts payable. Therefore, short term debt is not the same as current liabilities. (Short term debt is a current liability, but not all current liabilities are short term debt.)
What does in mean when long term liabilities is less than current liabilities?
It means that the business is conducted out of short term cash. Hence small changes in the environment can affect the cash flow.
When referring to a vendor the term current means?
When referring to a vendor, the term "current" typically means that the vendor is actively providing products or services to the organization at the present time. It indicates that the vendor relationship is ongoing and that the vendor is up-to-date with the necessary requirements, such as contracts, pricing, and compliance standards. Current vendors may also be distinguished from past vendors or potential vendors in discussions about supply chain management and procurement.
What does Frances mean in spanish?
this term is referring to France.
What does term incumbent mean?
The phrase incumbent governor would be referring to the current governor. As of June 2014, Terry Branstad of Iowa is America's longest serving governor.
What does the term ornithischia mean when referring to dinosaurs?
bird hipped
When referring to dinosaurs what does the term saurischian mean?
lizard-hipped
What does the term sweep mean when referring to medical uniforms?
Sweep
What is a brickberry?
A brickberry is a term referring to the old outdated cellphone you have to use when your current one is broken.
What does current term mean?
Term in office. 4 years for president. The current term is the current 4 year period but is used for school semesters and other periods described as a "term".
What is referring to the organs of reproduction mean?
It may mean that you or someone is looking for a medical term that means referring to these various organs. They all would end in -al.
What does phys ed mean?
"Phys Ed" is a scholastic term referring to exercise.
What does the term "body only" mean when referring to a camera?
The term "body only" when referring to a camera means that the camera is being sold without any additional lenses or accessories.
What does suderline mean?
I'm not familiar with the term "suderline." It may be a misspelling or a niche term. Can you provide more context or clarify the term you are referring to?
