To Obtain the Maximum Possible Benefit from a Cash Discount

question 65

Multiple Choice

To obtain the maximum possible benefit from a cash discount of 2/10, n/30, the buyer should pay the invoice:

• A) immediately.
• B) on the last day of the discount period, i.e. in 10 days.
• C) at the end of the month.
• D) when the seller threatens legal action.

---

Definitions:

Remove Variability

The process of minimizing differences in processes or products to ensure consistency and reliability.

Need To Know

A principle limiting access to information to individuals whose knowledge of that information is necessary for them to perform their duties.

Shop Floor

The area in a manufacturing facility where goods are produced or assembled.

High-Performance Workplace

A work environment designed to maximize employee productivity, engagement, and satisfaction.