At What Point Does a Customer's Unpaid Account Become Delinquent

question 29

Multiple Choice

At what point does a customer's unpaid account become delinquent when the terms of sale are 2/10,net 60?

• A) 11 days after the sale
• B) 31 days after the sale
• C) 61 days after the sale
• D) 71 days after the sale

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Definitions:

Job Hunters

Individuals actively seeking employment opportunities, often employing various strategies and tools to find suitable positions.

Resume

A document presenting an individual's background, skills, and accomplishments, typically used for job applications.

Human Resources

A business function and department responsible for managing employment-related aspects, including hiring, training, compensation, and employee relations.

Corporate Strategy

The overall scope and direction of a corporation and the way in which its various business operations work together to achieve particular goals.