The credit period is longer than the discount period.

Name: The credit period is longer than the discount period.
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

The credit period is the amount of time given to the customer to pay their bill in full, while the discount period is the time frame in which the customer can receive a discount for paying their bill early. Typically, the credit period is longer than the discount period.

The Credit Period Is Longer Than the Discount Period