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The Net Credit Period

Question 202

Multiple Choice

The net credit period:


A) Is the length of time after the discount period that a customer has to pay the full amount of the invoice.
B) Generally is between 15 and 150 days.
C) Begins on the invoice date and ends on the final day a customer can pay without being delinquent.
D) Is established based on the seller's operating cycle.
E) Is determined by the seller's inventory period.

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