Which of the Following Is Not a Payment Method Used

question 16

Multiple Choice

Which of the following is not a payment method used for international trade?

• A) consignment.
• B) open account.
• C) factoring.
• D) draft.
• E) letter of credit.

Evaluate the significance of economic profit versus accounting profit in business sustainability.

Analyze the impact of market dynamics such as supply, demand, and price changes on a firm’s cost structure and production decisions.

Understand how technology, taxes, and government regulations affect a firm's cost curves.

Apply the concepts of variable costs, fixed costs, and sunk costs to real-life business scenarios.

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Definitions:

Risk Profile

A risk profile is a quantified analysis of the types of threats an organization, asset, project, or individual faces, focusing primarily on the risk exposure level.

Political Risk

The potential for losses or adverse effects on company operations and profitability due to political changes or instability in a country.

Global Projects

Projects that involve stakeholders, teams, and impacts across multiple countries or worldwide.

Execution Phase

The stage in a project or process where the plans are put into action and the work required is performed.