Demurrage Is a Payment Penalty Associated with Railroads,while Detention Is

question 54

True/False

Demurrage is a payment penalty associated with railroads,while detention is a payment penalty associated with the trucking industry.

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Definitions:

COA

An abbreviation for Chart of Accounts; a systematic list of account titles and numbers used by a company to organize its financial transactions and prepare financial statements.

Sub-accounts

Secondary accounts nested under a primary account, used for more granular management of finances.

Run Report

The process of generating a summary of data or statistics, typically from a database or software application.

Edit Selection

A feature or function in software that allows users to choose specific portions of text or data to modify or manipulate.