Cash discounts are not taken on freight or returned goods.
Correct Answer:
Verified
Q34: A discount period is always greater than
Q35: The net price equivalent rate of 10/20/5
Q36: The single equivalent discount rate of 9/5/4
Q37: A cash discount sometimes is taken on
Q38: 4/10, n/30, ROG means a 4% discount
Q40: 3/10, 1/15, n/30 means that a 3%
Q41: 2/10, n/30, ROG means the cash discount
Q42: Which month has 30 days?
A)January
B)May
C)June
D)July
E)None of these
Q43: Which of the following is usually not
Q44: Cash discounts are:
A)Always calculated on list price
B)Sometimes
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents