Examlex
Most blue-collar workers in Great Britain think of themselves as
Credit Sales
Sales made by a business that are not paid for at the time of purchase but are billed to the customer to be paid at a later date.
Collections
The act of obtaining payment from customers or clients who have previously been billed, critical for cash flow management.
Projected Sales
An estimation of future sales volume or revenue, often based on historical data and market analysis.
Budgetary Slack
The practice of underestimating revenues or overestimating costs when preparing a budget to create a buffer for unexpected situations.
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