Marketing Chapter 16 Vocab Review

the buyer takes responsibility at the point of origin of the freight

• Sales Tax

• Free-off-Board

• Free-on-Board

• Purchase Order

the arrangements agreed between a seller and buyer of goods about when and how the goods will arrive, be paid for, etc...

• Cash On Delivery

• Terms for Delivery

• Payment Method

• Free on Board

A limited amount of money in the cash register at the beginning of business.

• Closing Cash Funds

• Purchase Order

• Opening Cash Funds

• Layaway

a legally binding document created by a buyer and presented to a seller...

• Sales Check

• Purchase Order

• Check

• Contract

an itemized commercial document that records the products or services delivered to the customer, the total amount due, and the preferred payment method...

• Receipt

• Outvoice

• Inbox

• Invoice

the hardware and software that enable your business to make those sales

• pint of sale system

• Transfer

• Till

• point of sale system

a cash register or a computerized point of sale system that is used to process customer transactions

• Till

• Point of Sale System

• Digital Marketing

• Sale

a method of collecting payment that requires customers to pay for goods at the time of delivery

• Cash on Delivery

• Cash

• Sales Method

• Money in Delivery

the movement of assets, funds, or ownership rights from one place to another

• Purchase Order

• Transfer

• Layaway

• Transfer Funds

a unique 12-digit number assigned to each individual product sold in stores and online...

• Disney Product Code

• QR Code

• Universal Product Code

• Free On Board