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A favourable materials price variance may be caused by
Cash Payment
A transaction where the payment for goods or services is made using physical currency or through an immediate electronic transfer of funds.
Grand Opening Sale
A promotional event conducted to attract customers to a new business or service, offering products at reduced prices for a limited time to generate interest and traffic.
Letter of Credit
A financial document issued by a bank guaranteeing a buyer's payment to a seller within a specified timeframe.
International Sale
The transaction of goods or services across national borders, subject to international trade laws and regulations.
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