Examlex

Solved

The Type of Glass That Is Often Used for Both

question 375

Multiple Choice

The type of glass that is often used for both safety and security purposes because it is three to five times stronger than regular glass and five times as resistant to heat is:


Definitions:

Net 45

A payment term indicating that the full amount is due for payment 45 days after the invoice date.

Sales Discount

A reduction in the price of a product or service offered to customers to encourage prompt payment.

FOB Shipping Point

A term used in shipping contracts to indicate that the buyer is responsible for the cost and risk of loss or damage once the goods are shipped by the seller.

Perpetual Inventory Method

A system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

Related Questions