Merchandise Is Ordered on November 12; the Merchandise Is Shipped

question 114

Multiple Choice

Merchandise is ordered on November 12; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on November 15; the merchandise is received by the buyer on November 17; the transaction is recorded in the seller's accounts on November 15.If the credit terms are 1/10, n/30, the discount period begins with what date?

• A) November 12
• B) November 15
• C) November 17
• D) November 22

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Definitions:

Affiliation Needs

The psychological requirement for friendship, acceptance, and belonging within a group or community.

Esteem Needs

Psychological requirements relating to self-worth, accomplishment, respect, and recognition, as outlined in Maslow's hierarchy of needs.

Self-Actualization

The achievement of realizing one's talents and potential, seen as an innate drive or necessity in all individuals.

Affiliation Needs

A psychological need to feel a sense of involvement and "belonging" within a social group, where relationships play a significant role in personal identity.