Which of the Following Credit Terms Allows a Discount of 3

question 142

Multiple Choice

Which of the following credit terms allows a discount of 3% if payment is made within 15 days of the invoice;otherwise,the total amount of the invoice must be paid within 30 days from the date of the invoice?

• A)3/15,EOM
• B)3/EOM,n/30
• C)3/15,n/30
• D)15/3,n/30

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Definitions:

Introverted

Characterized by or reflecting a preference for inner mental activities rather than engagement with the external environment and social interactions.

Personality Psychologist

A professional who studies and assesses individual behaviors, traits, and patterns that constitute personality.

Adolescence

A developmental phase following childhood, characterized by significant physical, psychological, and social changes, leading to adult maturity.

Inherited Predispositions

Genetic tendencies or traits that influence behavior, personality, and physical attributes.