Which of the following elements of credit terms might discourage purchasers from paying with a discount?
A) A longer payment period with lower discount period.
B) A higher discount percentage with shorter payment period.
C) A longer discount period with higher discount percentage
D) A shorter payment period with longer discount period
Ans: A) A longer payment period with lower discount period.
Business
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The two major types of facilities are production sites and storage sites
Indicate whether the statement is true or false.
Business
A contract where the contractor agrees to perform the work at a fixed price best defines
A) cost-plus fixed fee contract. B) fixed-price incentive fee contract. C) fixed-price contract. D) cost-plus incentive fee contract.
Business