Which of the Following Documents Are Always Required in a Documentary

question 1

Multiple Choice

Which of the following documents are always required in a documentary collection for the sale of goods?

• A) The draft, invoice, and bill of lading
• B) The invoice, bill of lading, and delivery order
• C) The certificate of origin, insurance policy, and invoice
• D) The draft, insurance policy, and invoice

Conceptualize theories of emotion and their physiological and cognitive components.

Appreciate the role of social and cultural factors in emotional expression and motivation.

Understand the concept of disbursement and collection float and their impacts on a firm's cash management.

Identify the components and strategies that affect collection float.

---

Definitions:

Capital Goods

Long-term assets acquired by businesses to create goods and services; these include machinery, tools, and buildings.

Developing Countries

Nations with a lower living standard, undeveloped industrial base, and low Human Development Index (HDI) relative to other countries.

Skilled Workers

Individuals who have specialized training or expertise in a particular job or industry, often requiring formal education or apprenticeship.

Foreign Aid

Financial or in-kind assistance given by one country to another, often for developmental projects, humanitarian aid, or economic stabilization.