Examlex
Which of the following is NOT a coordinating mechanism?
Banker's Acceptance
A short-term financial instrument issued by a company that is guaranteed by a commercial bank. It is commonly used in international trade.
Commercial Draft
An instrument used in international trade where the seller instructs the buyer to pay a specified amount of money at a specified time.
Carrying Cost
The total cost of holding inventory, including storage, maintenance, and insurance.
Managing Credit
The process of monitoring and controlling a person's or business's credit usage and payments to ensure financial stability and minimize risk of default.
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