Examlex
Infants under extended hospital care in nonstimulating environments often fail to gain weight and tend to develop respiratory conditions and fever. What is this condition known as?
Perpetual Inventory System
An accounting method that records inventory transactions in real-time, immediately reflecting changes in inventory levels.
Purchase Of Inventory
The act of acquiring goods or raw materials that a company intends to sell in its normal business operations.
Terms 2/15
A payment term indicating that a buyer can take a 2% discount on the invoice amount if the payment is made within 15 days of the invoice date.
Net 45
This payment term requires the buyer to pay the total net amount due within 45 days after the invoice date or goods receipt.
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