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Table 11-4
Table 11-4 lists estimated revenues and costs (per week) for plastic vials (100 vials per box) for the Victoria Biological Supplies Company. Victoria sells plastic vials to universities and private research laboratories.
-Refer to Table 11-4.Based on the data in the table,which of the following statements is true?
Disbursement
Any payment of funds made by the physician’s office for goods and services.
Accounts Receivable
The outstanding invoices a company has or the money the company is owed from its clients.
Voucher
A document or code that entitles the holder to a discount or that may be exchanged for goods or services.
Installments
Payments divided into smaller, manageable parts over a set period, allowing for the purchase of goods or repayment of loans.
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