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Historically,the two major types of (local)unions were craft unions and industrial unions.
Cash Budget
An estimation of cash inflows and outflows for a business or individual for a specific period.
Credit Sales
Sales made on terms that allow the buyer to pay the seller at a later date, typically recorded as accounts receivable.
Cash Collections
The process of receiving and managing payments from customers for goods or services provided.
Accounts Receivable
Money owed to a company by its customers for goods or services delivered but not yet paid for.
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