AFP
CTP · Question #870
(Topic 9) Which of the following will MOST LIKELY be affected when a company changes its terms from net 30 to 2/10 net 30?
The correct answer is A. Sales revenue. See the full explanation below for the reasoning.
Question
- (Topic 9)
Which of the following will MOST LIKELY be affected when a company changes its terms from net 30 to 2/10 net 30?
Options
- ASales revenue
- BBad debt charge-offs
- CCollection expenses
- DCredit evaluation expenses
How the community answered
(32 responses)- A78% (25)
- B3% (1)
- C6% (2)
- D13% (4)
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