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A(n) application server is one running a program that acts as an intermediary between a client computer and information. _________________________
Credit Sales
Transactions in which goods or services are provided to a customer with an agreement to pay at a later date.
Budgeted Sales
The sales numbers a company projects to achieve in a future period, usually part of financial planning and budgeting.
Gross Margin
The difference between the sales revenue and the cost of goods sold, which shows the profitability of a company’s core activities.
Selling
The process of promoting and transferring ownership of goods or services to customers.
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