The retailer considers Visa and MasterCard sales as
A) cash sales.
B) promissory sales.
C) credit sales.
D) contingent sales.

Name: The retailer considers Visa and MasterCard sales as A) cash sales. B) promissory sales. C) credit sales. D) contingent sales.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Retailers consider Visa and MasterCard sales as cash sales because the funds are typically deposited into the retailer's account by the card processor within a few days, similar to cash transactions.

The Retailer Considers Visa and MasterCard Sales as