Examlex
IT personnel use _______ to develop _______.
Cash Discount
A reduction in the invoice amount by the seller, granted to the buyer for early payment within a specified period.
Credit Cost Curve
The relationship between the cost of credit for a borrower and the default risk of the borrower, indicating how the cost of borrowing money increases with higher risk.
Collection Policy
Guidelines and procedures a company follows to collect payments from customers including when and how collections are pursued.
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