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Salespeople who will be sent on a foreign assignment should be trained in intercultural communication.
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Credit Sales
Transactions where goods or services are provided to a customer with an agreement to pay at a later date.
Cash Sales
Transactions in which goods or services are paid for with cash at the time of the sale.
Sales on Account
Transactions where the customer purchases goods or services on credit and promises to pay the seller at a later date.
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