Credit Terms of 2/10,prox Net 30 Mean That a Cash

question 5

Multiple Choice

Credit terms of 2/10,prox net 30 mean that a cash discount of 2% can be taken if payment is made by _________________ or the full invoice must be paid by __________________ .

• A)days after the invoice date,30 days after the invoice date
• B)days after the invoice date,the 30th day of this calendar month
• C)the 10th day of the next calendar month,30 days after the invoice date
• D)the 10th day of the next calendar month,the 30th day of the next calendar month
• E)days after the good are actually received,30 days after the goods are actually received

---

Definitions:

Nature

The inherent qualities or characteristics of a person or thing; or, the physical world collectively, including plants, animals, landscapes, and other features and products of the earth.

Philosophy

The study of the fundamental nature of knowledge, reality, and existence, especially when considered as an academic discipline.

Physiology

The branch of biology that studies the functions and mechanisms occurring within living organisms.

Chemistry

The scientific study of the properties, composition, and behavior of matter, including reactions and transformations of substances.