Examlex
______________ refers to an economic and political system that combines private ownership of some of the means of production,governmental distribution of some essential goods and services,and free elections.
Aging Schedule
A table that shows the breakdown of accounts receivable into categories based on the length of time they have been outstanding.
Credit Policy
A credit policy is the set of guidelines that a company follows to determine the creditworthiness of customers and the terms of credit to offer.
Cash Balances
The amount of cash or cash equivalents that a company or an individual holds.
Compensating Balances
Minimum balances that a business must maintain in its bank account as part of a borrowing arrangement with the bank.
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