Examlex
Creating a BCP in the U.S.requires:
Cash Sales
Transactions where goods or services are paid for with cash or its equivalent at the time of sale, without delay.
Credit Sales
Sales made by a business where the payment is received after the service or product has been delivered.
Commercial Paper
Unsecured, short-term promissory notes of large firms, usually issued in denominations of $100,000 or more and having an interest rate of somewhat below the prime rate.
Credit Quality
An assessment of the creditworthiness of a borrower, reflecting their ability to repay debt.
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