If a Supplier Is Offering Trade Credit of 1/10 Net

question 73

Multiple Choice

If a supplier is offering trade credit of 1/10 net 30, and a buyer chooses not to take the discount, when should they pay, assuming that they wish to stay on good terms with the supplier?

• A)any time before day 10
• B)on day 30
• C)any time after day 30
• D)on day 10

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Definitions:

Prosocial Motivation

The desire to expend effort to help other people.

Help Coworkers

The act of assisting colleagues in the workplace, which can range from sharing knowledge, lending a hand in projects, or providing emotional support.

Intrinsic Motivation

The drive to engage in an activity for its own sake, deriving pleasure and satisfaction from the activity itself rather than from external rewards.

Level of Interest

The degree of curiosity, attention, or concern an individual or group shows towards a subject or activity.