AR

AR stands for augmented reality, which is a view of a real-world environment that is modified by video, graphics, GPS data, or sound generated by a computer. It is used to enhance a person's perception of the environment around him or her.

AR consists of several hardware components such as sensors, input devices, a processor, and a display and may be implemented in a variety of ways such as mobile devices, eyeglasses, contact lenses, headsets, monitors, and projection systems. AR is utilized in a wide variety of fields that require augmented reality, which include architecture, construction, education, medical, sports, and video games.

AR stands for "action required," which is typically used in emails to communicate that you want something done by a specific person.

It is most often utilized in work-related emails coordinating tasks within a team to complete a project. AR may also be accompanied by the AB acronym, which is used to coordinate the time or dates on which tasks must be completed.

AR is primarily used for large-scale projects with a lot of moving parts. Examples of these bigger projects include developing an app or website to be launched or planning an elaborate retirement party for the CEO.

AR is a financial acronym that represents money that has yet to be received by a company for goods and services purchased on credit. It affects other financial-performance measures, which include days payable, working capital, and the current ratio.

As a company's AR goes down, its current assets go up along with its working capital. Also, AR is the opposite of accounts payable (AP). Primarily, only business people, such as accountants, company owners, and CEOs, are familiar with and use the AR financial acronym.