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    Exam 19: Recognizing the Basics of Financial Management
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    What Is It Called When a Company Takes Delivery of Goods
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What Is It Called When a Company Takes Delivery of Goods

Question 65

Question 65

Multiple Choice

What is it called when a company takes delivery of goods but pays for them at a later time?


A) collateral
B) trade credit
C) a term loan agreement
D) a charge account

Correct Answer:

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