Terms of Sale of 2/10 Net 30 Mean

question 145

Multiple Choice

Terms of sale of 2/10 net 30 mean:

• A)the buyer may take a 10% discount if payment is made within two days of receiving the bill.
• B)a 10% penalty is due of the bill is not paid within two days of the due date which is in 30 days.
• C)the buyer may take a 2% prompt payment discount if the bill is paid within 10 days, should pay in 30 days, and will be liable for a 2% penalty if payment isn't made in 30 days.
• D)the buyer is borrowing money at 36.5% if it fails to take the prompt payment discount offered.

Acknowledge the importance of carefully considering psychometric properties when developing or selecting survey inventories.

Identify the principles and practices in survey design, including questionnaire development and pilot testing.

Recognize the significance of descriptive studies in suggesting possible causal connections and their limitations.

Understand the differences between various cohort designs and their levels of treatment.

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Definitions:

Accounting Manager

A professional role responsible for overseeing accounting and financial tasks within an organization, such as maintaining financial records, preparing reports, and ensuring compliance with laws and regulations.

Concurrent Control

A management technique that involves monitoring and adjusting processes and activities as they happen in real-time.

Product Quality

The extent to which a product or service fulfills or surpasses the anticipations of customers.

Yamaha Engine

A division of the Yamaha Corporation known for manufacturing engines for various types of vehicles, including motorcycles, marine products, and other motorized products.