Examlex
Which of the following is TRUE?
Remittance
The act of sending money in payment or as a gift, often by a worker to their family in their home country.
Discount Period
The time frame within which a discount is offered for prompt payment on goods and services, often used in sales and invoicing.
Cash Discount
A reduction in the price of goods or services offered to a buyer by a seller for prompt payment.
Invoice Date
The specific date on which an invoice is issued, marking the point from which payment terms are calculated.
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