A discount from the buyer's perspective for prompt payment: a. ...

[mpobi80]

A discount from the buyer's perspective for prompt payment:
 a. Sales Discount
   b. Purchases Discount
   c. Prompt Payment Discount
   d. None of these

Question 2

Proprietary funds recognize
 
  a. expenditures when the fund incurs a liability for goods or services.
  b. expenditures when the fund uses goods or services.
  c. expenses when the fund incurs a liability for goods or services.
  d. expenses when the fund uses goods or services.

[miss_1456@hotmail.com]

Answer to Question 1

b

Answer to Question 2

D

[mpobi80]

Excellent

[kusterl]

Thanks for the timely response, appreciate it