Examlex
A nasal calculus is which of the following?
Perpetual Inventory
An inventory system that updates item records continuously as transactions occur.
2/10, n/30
A common credit term indicating that a buyer can take a 2% discount on the invoice price if payment is made within 10 days; otherwise, the net amount is due in 30 days.
FOB Destination
A shipping term indicating that the seller bears freight charges and remains responsible for the goods until they are delivered to the buyer's location.
Freight Costs
Expenses incurred by a company to transport goods from one place to another, such as shipping charges for receiving or sending out inventory.
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