Examlex
Which of the following is not a benefit of centralized purchasing?
Billing
Billing is the process of issuing invoices to customers for goods provided or services rendered, detailing the amounts owed.
Overdue Accounts
Accounts receivable that have not been paid by the due date, often indicating a delay or default in payment by the debtor.
Contract
A legally binding agreement between two or more parties defining obligations and rights.
Equivalent Payments
Alternative payments that will result in the same future value at a later date.
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