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State and local governments are sometimes forced to find ways to generate additional revenue.Comment on the pros and cons of the following procedures:
Credit Card Sales
Transactions where customers make purchases using credit cards, involving the transfer of funds from the issuer to the merchant upon sale approval.
American Express
A multinational financial services corporation known for its credit card, charge card, and traveler's cheque businesses.
Cost of Merchandise Sold
The direct costs attributable to the production of the goods sold by a company.
Invoice Terms
The conditions stipulated on an invoice, including payment due date, discount opportunities for early payment, and penalties for late payment.
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