Credit Terms
Are those terms on the basis of which credit sales are made to customers. These are also called terms of repayment of receivable. These are…
Are those terms on the basis of which credit sales are made to customers. These are also called terms of repayment of receivable. These are…
The term ‘Credit standard’s is basic yardstick of making credit sales to the customers. On the basis of credit standard it is determined to whom…
Is made to evaluate ability of the customers before making credit sales. A firm should determine procedure to evaluate applications for credit. On the basis…
Are needed because all customers do not pay in time. Some customers pay at slow rate and some do not make payment at all. The…
The collection policy followed by firm should be optimum. It should neither be too liberal nor too strict. Proper adjustment in credit policies should be…
COMPUTER CALCUTATOR 1. Computer is an electronic device. 1. Calculator is also an electronic device. 2. Computer is versatile. 2. Calculator is not versatile. 3….
Powerpoint is a full-featured presentation program that is used by many of peoples around the world. Powerpoint is used to design presentations for a variety…
Multi-tasking Multi-processing 1. The concurrent execution of a number of tasks i.e.. of a number of jobs or processes. 2. Multi-tasking is also a Parallel…
MS-Excel is a full featured spreadsheet program that is used by the millions of people around the world. Excel 2000 makes use of all of…
Application Packages : A suite of programs or modules i.e. directed at generic application and can be tailored to the needs of specific instance of…