RAM Manufacturing, Inc. orders cardboard boxes from a corrugated box manufacturer. RAM Manufacturing will use the boxes to ship their products to their customers. The box manufacturer begins fulfilling the order for boxes before RAM Manufacturing pays for the order. Choose from the list below the appropriate type of payment method that RAM Manufacturing has partaken in.

Question

Quizplus · Accepted Answer

Credit sale (B2B) is the correct answer because RAM Manufacturing receives the boxes before payment is made, which is typical in business-to-business (B2B) transactions where goods are provided on credit terms.