Consignment is paid for later normally a few months later and cash in advance is paid earlier.
Paying in arrears means paying for a service or product after it has been provided, while paying in advance means paying for it before receiving it.
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The purchase APR is the interest rate charged on purchases made with a credit card, while the cash advance APR is the interest rate charged on cash withdrawals made using the credit card. The cash advance APR is typically higher than the purchase APR and may also incur additional fees.
give three similarities and three difference between hire purchases and deferred payment
The differences between international and local procurement are in the effect on the local economy. Local procurement allows resource from the area to be used while international procurement purchase them from other countries.
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differences between errors and frauds
Differences between Classification and Tabulation
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With Credit card you have to pay the credit company back later, cash is paid and over with if used.
Inflation is when the value of money declines so it takes more dollars to purchase the same goods or services. Deflation is the opposite.
VAT is value added tax charge on sale and purchase. Income tax is tax charged on income received.