DSO (Day Sales Outstanding)

The total accounts receivables divided by average daily sales.

Related Terms

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    All transactions must be authorized via terminal, cash register, voice authorization, or automated voice response phone system (IVR).

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  • FACTA (Fair and Accurate Credit Transactions Act)

    Passed in 2003, the Fair and Accurate Credit Transactions Act enables consumers to request a free credit report from the top three credit reporting companies. These free...

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