Where Do You Record the 2% Discount for Early Payment

question 100

Multiple Choice

Where do you record the 2% discount for early payment of a bill?

• A)Enter it on the bill
• B)Prepare a Vendor Credit
• C)Change the amount of the bill payment check
• D)Any of the above

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Definitions:

George Ritzer

A sociologist best known for his concept of McDonaldization, which criticizes the rationalized processes of efficiency, predictability, calculability, and control in societal institutions.

"Nonplaces"

Spaces characterized by transitory and impersonal relations, such as airports and supermarkets, as defined by anthropologist Marc Augé.

Subtype

A specialized form or variation of a broader category or group.

McDonaldization

The process by which the principles of the fast-food restaurant are coming to dominate more sectors of American society as well as the rest of the world, leading to increased efficiency, predictability, calculability, and control through the substitution of non-human for human technology.