The ________ establishes the credit period, the cash discount amount, and the discount period.

Name: The ________ establishes the credit period, the cash discount amount, and the discount period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Terms of Sale outline the conditions under which a sale is conducted, including the credit period (how long the buyer has to pay the invoice), the cash discount amount (if payment is made early), and the discount period (the time frame in which the cash discount can be taken).

The ________ Establishes the Credit Period, the Cash Discount Amount