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Posted on Jul 20, 2024

A payment method of payment on delivery of shipping documents is much less risky than open account terms that provide for payment 60 days from

A payment method of payment on delivery of shipping documents is much less risky than open account terms that provide for payment 60 days from delivery.

True

False

*The answer must be true, BUT in the textbook they speak from "open account terms that provide for payment 90 days from delivery"; therefore, I am not sure what to choose.

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Fundamental Accounting Principles Volume II

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