Question: 1) Same as cash in advance. This is: a. Drafts b. Letters of Credit c. Prepayment d. Open Account 2) The opposite of prepayment is:

1) Same as cash in advance. This is:

a.

Drafts

b.

Letters of Credit

c.

Prepayment

d.

Open Account

2) The opposite of prepayment is:

a.

Open Account

b.

Drafts

c.

Consignment

d.

Letters of Credit

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