What is typically required for a transaction to be considered deferred?

A transaction is considered deferred when there is a subsequent charge after the initial transaction. This means that the buyer agrees to pay for goods or services at a later date rather than at the time of the initial transaction. In a deferred transaction, the payment is not made immediately, allowing for flexibility in cash flow for the buyer. This could be in the form of installment payments or billing at a later date after the product or service has been received.

In essence, deferred transactions are designed to provide customers with the ability to receive services or products without having to pay for them right away, which can encourage purchasing and improve customer retention. This practice is often seen in various industries, including finance and retail, where payment plans or credit systems are common.

The other options describe different mechanisms that do not pertain to the concept of deferring payment. Immediate payment upon receipt signifies a transaction that requires payment up front, while a guarantee of full payment before delivery addresses conditions of sale rather than the timing of the transaction. A delay in payment and shipping might suggest postponement but does not explicitly highlight the nature of subsequent charges following an initial transaction.