Examlex
Why is it easier to deal with a customer in person than on the phone?
Perpetual Inventory System
An inventory accounting method that instantly records inventory sales or purchases using computerized point-of-sale systems and enterprise asset management software.
Accounts Receivable
This refers to the money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Payee
The party in a financial transaction who receives payment.
Liquidation Value
The estimated total value of a company's assets if it were to be liquidated immediately.
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