The Cash Discount Terms for a Purchase Worth $1,000 Made

question 141

Multiple Choice

The cash discount terms for a purchase worth $1,000 made on August 1 are 3/10, net 30. How much will the buyer have to pay if he makes the payment on August 7?

• A) $930
• B) $30
• C) $1,030
• D) $1,000
• E) $970

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Definitions:

Food Frequency Checklist

A survey tool used to assess how often a person consumes different foods over a specific period.

Meal Pattern Data

Information regarding the typical structure, composition, and frequency of meals consumed by an individual or group.

Dietary Evaluation

The process of assessing an individual's food intake and eating habits to determine nutritional adequacy.

Total Energy Expenditure

The total amount of energy used by the body in a day, accounting for all physical activities and metabolic processes.