The Default Customer Early Payment and Discount Terms -

question 5

Multiple Choice

The default customer early payment and discount terms -

• A)apply to all customers
• B)apply only when customers pay at the time of the sale
• C)are removed automatically when you choose cheque or debit card as the payment method
• D)can be changed for individual invoices

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Definitions:

Mating Parts

Components designed to fit together in a specific manner to perform a function within an assembly.

Clearance Fit

A type of fit in engineering where there is a deliberate space between two mating parts, allowing freedom of movement.

Interference Fit

A type of fit where parts are designed such that their dimensions cause them to partially deform when assembled, ensuring a very tight fit.

Transitional Fit

A type of fit between components where either a small amount of interference or a small amount of clearance is permissible, allowing for easier assembly compared to interference fits.