Which of the Following Statements Is Correct

question 77

Multiple Choice

Which of the following statements is correct?

• A) The purchase requisition is the form sent to a supplier to order goods.
• B) The Purchases account is reported as an asset on the balance sheet.
• C) To the customer,a supplier's invoice is a purchase order invoice.
• D) The credit terms,2/10,n/30,allow the customer to take a 2 percent discount if payment is made within 10 days of the invoice,otherwise payment is due in full in 30 days.

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Definitions:

Mental Disorders

Conditions characterized by alterations in thinking, mood, or behavior associated with distress and/or impaired functioning.

Personality Characteristics

Traits or qualities that define an individual’s consistent behaviors, thoughts, and emotional patterns.

Agreeableness

A personality trait characterized by qualities such as being kind, cooperative, and sympathetic towards others.

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty or diligence.