As the President of Harter Company, You Notice That No

question 145

Multiple Choice

As the president of Harter Company, you notice that no discounts have been taken when settling accounts payables.What would be an acceptable explanation?

• A)All invoices have credit terms of n/30.
• B)There is not sufficient cash to pay within the discount period.
• C)Discounts are missed because no one knows how to enter them in the new accounting software.
• D)The full amount of the invoice is being paid within the discount period and the treasurer is pocketing the discount amount.

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Definitions:

Peak Voltage

The maximum absolute value of voltage in a periodic waveform, indicating the highest point the voltage reaches.

Persisting Positive Charge

A lasting electrical charge characterized by an excess of protons, often seen in certain particles or materials.

Negative Charge

An electrical charge that results from an excess of electrons in an atom or molecule, leading to an attraction to positively charged particles.

Action Potential

A transient electrical charge that travels along a neuron's axon, enabling neural communication.