A Sales Discount Does Not

question 144

Multiple Choice

A sales discount does not

• A) provide the purchaser with a cash saving.
• B) reduce the amount of cash received from a credit sale.
• C) increase a contra-revenue account.
• D) increase an operating expense account.

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Definitions:

Hormone

Chemical that carries messages throughout the body, potentially affecting a person’s mood, level of energy, and reaction to stress.

Degradation Inhibitor

A substance that prevents or slows down the breakdown or deterioration of another substance.

Neuron

A nerve cell that is the basic building block of the nervous system, responsible for transmitting information throughout the body.

Synapse

The junction between two neurons where the transmission of electrical or chemical signals occurs.