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  3. Study Set
    Core Concepts of Accounting
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    Exam 5: Inventory
  5. Question
    Terms Offered by a Supplier to Encourage Prompt Payment of Credit
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Terms Offered by a Supplier to Encourage Prompt Payment of Credit

Question 3

Question 3

Multiple Choice

Terms offered by a supplier to encourage prompt payment of credit purchases made by customers are


A) purchase allowances.
B) purchase discounts.
C) purchase returns.
D) sales allowances.
E) sales discounts.

Correct Answer:

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