Credit terms are specific repayment conditions as to how long customers have to pay bills and the amount of cash discount allowed.
<h3>What is the purpose of credit terms?</h3>
Credit terms are the payment requirements stated on an invoice. It is fairly common for sellers to offer early payment terms to their customers in order to accelerate the flow of inbound cash.
Credit means a loan, an agreement in which the lender (creditor) supplies the borrower with money, goods or services which is to be returned in future. Terms of credit apart from the rate of interest, collateral also includes documentation, mode of repayment.
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Answer:
General purpose Job boards
Explanation:
A job board can be straightforwardly defines as a website where employers advertise job openings for job seekers
A general purpose job board as seen in the question can be defined as a website that offers job recruitment services in its entirety.
This means that both employees and employers use the site to search for and advertise job openings to job seekers respectively. Popular job boards include Glassdoor, Linkedin, etc.
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Answer:
4. the normal process of jobs being created and destroyed.
Explanation:
Frictional unemployment is unemployment that is related to switching of jobs also called transitional unemployment. It occurs when workers leave jobs and get jobs as a result of normal labor tunover in a healthy economy.
In a growing economy frictional unemployment is the lowest type of employment bad there are abundant opportunities for workers.
Quitting a job is a voluntary type of frictional unemployment, while when an employee bis fired it is involuntary type of frictional unemployment.
