Examlex
In the TB Figure 1,alternative "A" is the definition for which of the following?
Cash Sales
Transactions where customers pay for goods or services at the time of purchase using cash.
Credit Sales
Transactions where the payment is deferred to a future date, allowing the buyer to receive goods or services before payment is made.
Service Charge
A fee charged to customers for a specific service provided, often seen in banking, hospitality, and service industries.
Factor
A factor refers to an element or condition that contributes to a result; in finance, it could also mean a firm that buys receivables from businesses.
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