Question: 2. Please introduce the difference between document against payment and document against acceptance in the use of collection? what is the meaning for clean collection?

2. Please introduce the difference between document against payment and document against acceptance in the use of collection? what is the meaning for "clean" collection? Why is collection method used commonly in international settlement? (20 points)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Please answer the following questions - T/F and MCQs. Answer the following MCQ and True/False Questions. There are some unique costs that the exporters need to consider with international...

41. An irrevocable L/C a letter of credit that can be canceled or amended without agreement of all parties, whereas the revocable L/C is a letter of credit that cannot be canceled at any time without...

The description of the project is in the attachedword document. Please be as detail as possible and include reference as well! \f10-K 10-K 1 hd-1312016x10xk.htm 10-K Table of Contents UNITED STATES...

Chapter 9 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Needing ANSWERS ASAP! Starting at pg 34 - Labeled Graded Project 06155200: Graded Project Instructions & Worksheets 1 Lesson 1: Business, Accounting, and You PROJECT GOAL The goal of this graded...

1 PM665 Project Management Capstone Project Name Your Name Date 2 Table of Contents 1.0 Introduction...

Multiple choice questions 1.International trade finance instruments, risk insurance, international financial institutions and aid agencies, and risk transfer are all different risk mitigation options...

Hi. I am going to do research project in Managemeerial accounting. What i need is to come up with good research question from one of these two articles below. The research project is going to be very...

st (-1,0) IF (0, 1 ) T10-1) 10 If At=2mm, and the attenuation coefficienz ju= 0.5cm, Calculate the back projections of this object at 0=0 and 0 = 90

A small water pump on ground level has an inlet pipe down into a well at a depth H with the water at 100 kPa, 15C. The pump delivers water at 400 kPa to a building. The absolute pressure of the water...

LIFELONG PLANNING CASE Introduction As you complete sections of this course, this Lifelong Planning Case will introduce you financial planning issues faced by a family at different stages in their...

CT Corp Comprehensive Question Canadian Tire Corporation, Limited ( Canadian Tire ) is a family of companies that includes a retail segment and a financial services division, among others. The retail...

5. What advice might Hayward take from Drucker (cited toward the beginning of this chapter) to improve his success in the future?

5. What decisions would a city manager at the postconventional level be expected to make?

3. What decisions would a city manager at the conventional level be expected to make?