Ap Accounts Payable

A/P or AP

AP is an abbreviation for “accounts payable”. It is the money that companies owe in the short term and is recorded under current liabilities. In general, companies want to pay debts off as far in the future as they can (provided there is no financing charges) and get paid right Read more…

Instant Pudding

W. Edwards Deming is credited with popularizing the term “instant pudding” in continuous improvement. More accurately, he states that there is no instant pudding in CI, and that you should not expect immediate results. He lists this desire for quick and easy fixes as an obstacle to improvement in his Read more…