Examlex
Which of the following can be BEST described as the amount of time a company can afford to be down during recovery from an outage?
Cash Sales Policy
A cash sales policy is a company's strategy to require payment for goods or services at the time of sale, which can improve cash flow and reduce credit risk.
Net 30 Credit Policy
A payment term that allows the buyer 30 days to pay the invoice in full from the invoice date.
Monthly Interest Rate
The percentage of interest charged or earned on a principal amount on a monthly basis.
Variable Cost
A cost that changes in proportion to changes in the level of output or activity.
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