Multiple Choice
What is the meaning of the term 2/10 net 30?
A) If the invoice is paid within 10 days a 2% discount can be taken.If the invoice is paid between 11 and 29 days a 1% discount can be taken.After 30 days the full invoice is due.
B) If the invoice is paid within 2 days a 10% discount can be taken,otherwise the full invoice is due in 30 days.
C) If the invoice is paid within 2 days a 10% discount can be taken,otherwise a 2% discount can be taken if the invoice is paid in 30 days.
D) If the invoice is paid within 10 days a 2% discount can be taken,otherwise the full invoice is due in 30 days.
E) If the invoice is paid within 2 days a 30% discount can be taken,otherwise the full invoice is due in 10 days.
Correct Answer:
Verified
Correct Answer:
Verified
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