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    Business
  3. Study Set
    Financial Accounting A User Perspective
  4. Exam
    Exam 4: Revenue Recognition
  5. Question
    The Incentive Built in for Prompt Payment of Cash by a Customer
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The Incentive Built in for Prompt Payment of Cash by a Customer

Question 38

Question 38

True/False

The incentive built in for prompt payment of cash by a customer for a credit sale is called a cash discount.

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