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APICS Certified in Logistics, Transportation and Distribution CLTD Question # 4 Topic 1 Discussion

APICS Certified in Logistics, Transportation and Distribution CLTD Question # 4 Topic 1 Discussion

CLTD Exam Topic 1 Question 4 Discussion:
Question #: 4
Topic #: 1

Which of the following terms of payment should an international purchasing manager use to guarantee that the shipment is made and the shipper gets paid for their product?


A.

Letter of credit


B.

Open account


C.

Sight draft


D.

Cash in advance


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