The Net Credit Period for a Company with Terms of 3/10

question 15

Multiple Choice

The net credit period for a company with terms of 3/10, net 60 is:

• A)10 days
• B)50 days
• C)57 days
• D)60 days
• E)None of the above.

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Definitions:

NLRB

The National Labor Relations Board, an independent agency of the United States government charged with enforcing US labor law in relation to collective bargaining and unfair labor practices.

SEIU

The Service Employees International Union, a labor union representing almost 2 million workers in the United States and Canada in healthcare, public services, and property services.

University Faculty

A group of educators and academic staff involved in teaching and research at colleges or universities.

AFT

American Federation of Teachers, a labor union in the United States that represents teachers and other educational professionals.