AFP
CTP · Question #549
(Topic 6) True statements about the open account method of trade payment include which of the following?
The correct answer is C. II and III only. See the full explanation below for the reasoning.
Question
- (Topic 6)
True statements about the open account method of trade payment include which of the following?
Options
- AII only
- BI and IV only
- CII and III only
- DI, III, and IV only
- IA bank guarantees payment.
How the community answered
(62 responses)- A2% (1)
- B8% (5)
- C85% (53)
- D2% (1)
- I3% (2)
Community Discussion
No community discussion yet for this question.