Net Credit Position Refers To

question 8

Multiple Choice

Net credit position refers to:

• A) the difference between receivables and payables.
• B) the difference between receipts and disbursements.
• C) the average collection period.
• D) the average payment period.

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Definitions:

Trips

The act of going from one place to another, often implying a short journey for a specific purpose or task.

Terminals

End points for data transmission, or facilities where cargo containers and goods are transferred between different modes of transportation.

Travelers

Individuals who move between different geographic locations, for purposes ranging from leisure and tourism to business.