Which of the Following Changes to the Terms of Credit

question 35

Multiple Choice

Which of the following changes to the terms of credit would make the effective annual rate increase?

• A)Increase the cash discount percentage
• B)Extend the discount period
• C)Extend the payment period
• D)All of these changes will increase the effective rate

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Definitions:

Convey Interest

To communicate or express one's enthusiasm or curiosity about a subject or object.

Post Interview Messages

Communications sent after a job interview, often expressing gratitude for the opportunity, reiterating interest in the position, and reinforcing qualifications.

Key Points

Key Points are the main or most important ideas, issues, or items in a discussion or presentation.

Offer of Employment

An offer of employment is a proposal provided by an employer to a potential employee outlining the terms of employment, including position details, salary, and start date.