According to ComScore,a Provider of Digital Intelligence,in December 2008 the Total

question 46

Multiple Choice

According to comScore,a provider of digital intelligence,in December 2008 the total number of individuals,aged 15 and older,who accessed the Internet from their home or work computers was:

• A) 100,000.
• B) 1 million.
• C) 1 billion.
• D) 10 billion.

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Definitions:

Financing Receivables

A type of financial activity where a company uses the money it is owed from customers (accounts receivable) as collateral for a loan.

Discount Period

The time span between the present date and the maturity date of a bill of exchange or other negotiable instrument during which it is sold at below its face value.

Credit Period

The time frame between when a purchase is made and when the payment for that purchase is due, without incurring any interest.

Cash Discount

A reduction in the price of an item for sale, offered by the seller as an incentive for the buyer to pay promptly.