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Two technicians are discussing dealership operations. Technician A says that the automotive industry is one of the largest employers in an area. Technician B says that the automotive industry does nothing to support local economies. Who is correct?
Receivables Policy
A set of practices a company uses to manage its accounts receivable, which includes how it extends credit and collects debts.
Due Dates
Specific dates by which obligations, such as bill payments or assignments, must be fulfilled or submitted.
Trade Credit
It is a type of commercial financing in which a buyer is allowed to purchase goods or services and pay the supplier at a later scheduled date.
Fundamental Benefit
A primary or essential advantage that is intrinsic to a product, service, or activity.
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