Collection documents are
A) for debt carried in cash receivables.
B) needed to load and unload transported goods.
C) presented to the buyer for payment.
D) required for customs approval.

Question

Quizplus · Accepted Answer

To receive payment, the seller provides the buyer with collection documents that enable the buyer to receive the goods. These documents vary among countries and customers, but some of the most common are commercial and consular invoices, certificates of origin, and inspection certificates.

Collection Documents Are