What are the three

elements of credit?

Under the general

manager in the functional organisational structure, you find...

The three (3) different

management levels that can often be identified in organisation structures are:

i) Top management

ii)  Activities management

iii)  Functional management

iv)  Lower-level management

The purpose of the

credit standard is to determine …

The purpose of a sales ledger is to …

The goods are transported but not

handed over to the buyer until the transporter has received the payment for the

full amount on the invoice. This term of advance payment is known as ...

The formulation of the

collection policy is influenced by the products or services that are offered.

In the case of ... goods, it is possible to allow longer credit periods.

The

following types of collection letters

are distinguished in practice:

i) Standard collection letters

ii)  Business collection letters

iii)  Personal collection letters

iv)  Printed collection letters

The following parties are involved in a promissory note:

The enterprise needs to verify or

check the information it already has to determine if it is correct. Which list

of information can be verified?

a)   

b)    

c)    

d)