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The final step in job analysis involves
Credit Terms
The conditions, including payment deadlines and interest rates, that a seller extends to a buyer.
Trade Credit
Short-term financing provided by suppliers, allowing buyers to purchase goods or services on account without immediate cash payment.
Compensating Balances
A requirement by some banks for companies to maintain a minimum balance in their account as part of a loan agreement, effectively reducing the amount of usable cash.
Management Policy
Guidelines and rules set by an organization's management to direct operations and decision-making in alignment with the company's objectives.
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