If the Terms of a Business Exchange Are 2/10 Net

question 27

Multiple Choice

If the terms of a business exchange are 2/10 net 30, this means that the transaction

• A) involves a cumulative discount if paid in 30 days.
• B) involves a noncumulative discount.
• C) offers a discount if the buyer lives within a ten-mile radius.
• D) price does not include the cost of freight.
• E) involves a cash discount if paid within ten days.

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Definitions:

Form Layout View

A design mode in database applications where the structure and layout of a form can be edited while showing the data.

Subform

A form embedded within another form in a database application, often used to show related records.

Option Group

A user interface control that presents a set of mutually exclusive choices to the user, often represented as radio buttons or a dropdown list.

Command Button

A control element in graphical user interfaces that executes a specific command or action when clicked by the user.