A Portable Document Format (PDF)file Is ________

question 94

Multiple Choice

A portable document format (PDF) file is ________.

• A)a type of file that can be opened in most operating systems
• B)a type of file that is stored on the cloud and can be accessed via the Internet
• C)an outdated file format now superceded by more reliable formats
• D)an operating system that can convert numerous types of documents
• E)a file format used primarily for images

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Definitions:

Monthly Interest Rate

The percentage of interest that is charged or earned on a loan, deposit, or investment over a month's period.

Cash Only Credit Policy

A credit policy where a company does not extend credit and only accepts cash payments.

Net 30 Policy

A payment term used in business transactions that requires payment to be made in full within 30 days of the invoice date.

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers.