Under Process Approach Model How Many Components Make Up This

question 6

Multiple Choice

Under process approach model how many components make up this process?

• A) 5
• B) 3
• C) 4
• D) 2

---

Definitions:

Remittance

The act of sending money in payment or as a gift.

Discount Period

The time frame during which a payment can be made with a discount for early payment or the period before a financial instrument's maturity.

Discount Date

The date on which a discount becomes available or when an invoice must be paid to receive a discount.

Due Date

The specific date by which a task, assignment, payment, or project is to be completed or submitted.