Which of the Following Is the Most Risky for an Exporter

question 31

Multiple Choice

Which of the following is the most risky for an exporter?

• A) Cash in advance
• B) Irrevocable letter of credit
• C) Bank collection time draft
• D) Consignment
• E) Revocable letter of credit

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Definitions:

Budgeted Sales

The projected amount of sales revenue a company expects to earn over a specific period, often used for planning purposes.

Actual Sales

The real revenue generated from goods or services sold, measured within a specific period.

Implied Value

a value that is not directly stated but can be derived from given information through analysis or calculation.

Swiss Chalet Franchise

A business opportunity that involves becoming a part of the Swiss Chalet chain of restaurants, known for their rotisserie chicken.