The Invoice Date Is

question 205

Multiple Choice

The invoice date is:

• A) The latter of the shipping date, the billing date, or the date of customer receipt of the goods.
• B) The beginning of the credit period.
• C) Defined as the last date of the discount period.
• D) The date the goods or services are received by the buyer.
• E) Defined as 10 days after the start of the discount period.

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Definitions:

Effective Date

The date on which an agreement, policy, or law comes into force.

Publication

The process of making information available to the general public, often through printing, broadcasting, or digital dissemination.

Rule Making

The process by which governmental bodies and agencies formulate, amend, or repeal regulations, often involving public notice and an opportunity for comment.

Formal

Following or according with established form, custom, or rule; characterized by strict or meticulous adherence to established codes or conventions.