Posted by Mezei on September 22, 2002 at 19:17:33:

In Reply to: Re: accounts receivable = tacit knowledge & accounts payable = explicit knowledge posted by Mezei on September 22, 2002 at 19:09:28:

The thing about accounting is its an 'after the fact' recording of what has taken place. So when we say A/R is explicit knowledge, we are acknowledging that we sold our ideas, products, services etc for X amount of dollars.

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