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After deciding to order replacement parts for ageing machinery, the buyer for a construction company examines catalogues and trade publications looking for these parts.The buyer is at which stage in the business buying decision process?
Cash Remittances
Cash remittances are funds sent by individuals, typically working abroad, back to their home countries, providing financial support to their families.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services that have been delivered but not yet paid for.
Bank Reconciliation
involves comparing a company's bank account records to its financial records to identify discrepancies and ensure accuracy in financial statements.
Invoices
Documents issued by a seller to a buyer that list goods or services provided and the amount due for payment.
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