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Which of the Following Situations Explains 'Payment Terms

Question 38

Multiple Choice

Which of the following situations explains 'payment terms'? 


A)  Payment terms relate to what, how and when the buyer will pay for the products and services delivered by the supplier. 
B)  Payment terms relate to a 12 week period allowed before payment is due for the products and services delivered by the supplier. 
C)  Payment terms relate to when the buyer will pay for the products and services delivered by the supplier. 
D)  Payment terms relate to what and how the buyer will pay for the products and services delivered by the supplier.

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