From the Pre- and Post-Service View, Transportation Service, Training Service

question 4

Multiple Choice

From the pre- and post-service view, transportation service, training service and consulting and technical services would be considered

• A)pre-production services
• B)a production processes
• C)post-production services
• D)value creation

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Definitions:

Factoring Fee

The cost charged by a third party to a business for providing factoring services—financing based on the business's receivables.

Accounts Receivable

Funds that customers owe to a company for products or services that have been provided but not yet compensated for.

Journal Entry

A record in accounting that logs a transaction and its impact on account balances in debit and credit terms.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects cash from its credit sales by dividing net credit sales by the average accounts receivable.