If an Invoice Shows a Total of $5,000 with Terms

question 33

Multiple Choice

If an invoice shows a total of $5,000 with terms 5/15,n/60,which of the following is NOT a true statement?

• A)The customer must pay $5,000 within 60 days after the date of the invoice.
• B)The customer may pay $4,750 within 15 days to satisfy the bill.
• C)The customer will receive a 10% discount if they pay within 60 days.
• D)The customer has a discount period of 15 days.

---

Definitions:

Steam Generation

The process of producing steam, typically by boiling water or through the use of heat exchangers.

Fission Products

The atoms, neutrons, and radiation produced by the splitting of a heavy atomic nucleus, such as uranium or plutonium, during nuclear fission, often involving the release of large amounts of energy.

Phosphorescence

The phenomenon of light emission by a substance without combustion or perceptible heat, persisting for some time after excitation by ultraviolet light or other forms of energy.

Alpha Particle

A type of radioactive particle consisting of two protons and two neutrons, equivalent to a helium-4 nucleus, ejected from certain radioactive nuclei.