Which of the Following Correctly Describes Credit Terms of 2/10

question 15

Multiple Choice

Which of the following correctly describes credit terms of 2/10, n/30?

• A)A two percent discount for early payment is available if the invoice is paid before the tenth day of the month following the month the sale.
• B)A two percent discount for early payment is available within ten days of the date of sale.
• C)A ten percent discount for early payment is available if the invoice is paid within two days of the date of the invoice.
• D)A two percent discount for early payment is available if the invoice is paid after the tenth day, but before the thirtieth day of the invoice date.

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Definitions:

Visual Appeal

The aesthetic attractiveness or eye-catching quality of an object, design, or visual presentation.

Type Style

The visual appearance of printed text, influenced by variations in font, size, and layout.

Serif

A small decorative line or stroke added to the end of the main strokes of a character in some fonts, enhancing readability in print.

Sans Serif

Sans Serif refers to a category of typefaces that do not have the small projecting features called "serifs" at the end of strokes.