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:

EULA

End-User License Agreement (EULA) is a legal contract between the licensor and the purchaser, establishing the purchaser's right to use software.

Sudo

A Linux command that allows a user temporary root privileges.

Root Access

Administrative level access in a computer system that has full control over all functions and files, especially in Unix/Linux environments.

File And Print Sharing

File and Print Sharing is a network feature that allows users to access files and printers connected to a network from different computers.