Examlex
Which of the following classroom climates is not related to increased student achievement?
Customer Refunds Payable
Liabilities owed to customers for products returned or services not satisfactorily rendered.
Merchandise Inventory
The total value of a retailer's goods that are available for sale to customers, including items purchased from suppliers and items ready for sale.
Sales Discount
A reduction in the price of goods or services offered to customers, usually to prompt early payment or bulk purchases.
FOB Shipping Point
A shipping term indicating that the buyer takes responsibility for loss or damage once the goods are shipped, and pays the shipping cost.
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