Which of the Following Is True of Online Shopping

question 36

Multiple Choice

Which of the following is true of online shopping?

• A)Less than 5% of the online shoppers are between the ages of 45 and 54.
• B)One in 20 customers use online shopping through a mobile device.
• C)Around 60% of the online shoppers are between the ages of 35 and 44.
• D)Millennials spend more money on online shopping than any other age group.

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Definitions:

Equivalent Single Discount

A method used in accounting to consolidate multiple trade discounts into one single discount, simplifying the calculation process.

Discount Date

The specified date by which a payment can be made at a reduced rate or a debt settled to avail a discount.

Due Date

The due date is the specified day when a payment, task, or submission is required to be completed or paid.

Remittance

The act of sending money in payment or as a gift.