The time frame when customers are allowed to pay their bills and still be eligible for a discount is the:

Question

Quizplus · Accepted Answer

The discount period is the specified period of time during which customers are eligible for a discount on their bills if they pay within that time frame. The credit period is the overall period of time during which customers are allowed to pay their bills. The closing period is typically associated with financial accounting and refers to the process of finalizing and compiling financial statements. The due date is the date by which payment must be made to avoid late fees or other penalties. Therefore, the best choice is B) discount period.

The Time Frame When Customers Are Allowed to Pay Their