PARETO PRINCIPLE/LAW Definition

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PARETO PRINCIPLE/LAW see 80 - 20 RULE.

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C&F (COST & FREIGHT) includes all shipping costs but insurance. Generally used in statement of terms, stating cost and freight are paid by the exporter from his warehouse to a port in the importers country. In this case, the buyer is responsible for insurance.

MATCHING, in accounting, is the matching of invoices to purchase orders and delivery notes prior to payment.

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