Examlex
Correct specification of the overall model in path analysis requires that each endogenous variable in the model be correctly specified.
General Journal Entry
An accounting record where transactions are initially recorded, detailing the accounts that are affected and the amounts, before the details are posted to the appropriate ledgers.
Discount Period
A specified time frame during which a discount is offered or can be taken advantage of.
Credit Terms
The conditions under which credit is extended by a seller to a buyer, including the repayment period, discount for early payment, and the due date.
Invoice Price
The amount that appears on an invoice as the cost of buying or procuring a product or service.