The Time Between an Order's Placement and Its Shipment Is

question 144

Multiple Choice

The time between an order's placement and its shipment is referred to as

• A)delivery cycle time.
• B)production cycle time.
• C)sales order cycle time.
• D)throughput time.

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Definitions:

Unqualified Endorsements

Endorsements on negotiable instruments, such as checks, without any limitations, making the endorser fully liable.

Special

Distinguished by a unique or particular quality, purpose, or condition from what is ordinary or common.

Overdue

A status indicating that a payment or obligation was not fulfilled or completed by its due date.

Holder In Due Course

A party possessing a negotiable instrument, such as a check, who took the instrument in good faith, for value, and without notice of any defect or claim against it.