A Director of Accounts Received a Bill for for a $674

question 30

Multiple Choice

A director of accounts received a bill for for a $674, dated October 6, with sales terms 5 / 10, 2 / 20, n / 30 . The bill was paid October 21. Find the cash discount and net amount paid.

• A) Cash discount: $0; net amount: $674
• B) Cash discount: $33.70; net amount:$640.30
• C) Cash discount: $67.40; net amount: $606.60
• D) Cash discount: $13.48; net amount: $660.52

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Definitions:

Motivation

The psychological process that initiates, guides, and maintains goal-oriented behaviors.

Work Centrality

The degree of importance that work holds in one's life.

Loose Cultures

Societal or organizational cultures that have fewer rules, more tolerance for deviation, and a wider acceptance of individual behavior variations.

Expected Behaviours

The actions or reactions that are anticipated in a particular context or role, often based on social, cultural, or organizational norms.