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    Exam 10: Transaction Cycle The Expenditure Cycle
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    A Discount Should Only Be Taken Where
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A Discount Should Only Be Taken Where

Question 42

Question 42

Multiple Choice

A discount should only be taken where:


A) Cash flow is sufficient to support the early payment.
B) The discount offered is a reasonable inducement.
C) Corporate policy allows discounts to be taken.
D) All of the options are correct.

Correct Answer:

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