Author Question: A period of time that the buyer is given by the seller to pay his or her purchases on account. a. ... (Read 33 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
A period of time that the buyer is given by the seller to pay his or her purchases on account.
 a. Credit Terms
   b. Credit Agreement
   c. Credit Period
   d. Payment Period

Question 2

A Special Revenue Fund
 
  A. Is used to account for resources restricted or committed to expenditures for capital outlay or debt service purposes.
  B. Must be used to account for all expendable restricted or committed resources.
  C. Is used to account for resources that are restricted or committed to expenditures for specific purposes other than debt service or capital outlay.
  D. Must be used to account for all nonexpendable, restricted or committed resources.

Question 3

The agreement between a seller and a buyer about payment on a purchase is called
 a. Credit Period
   b. Credit Terms
   c. Credit Agreement
   d. Purchase Agreement



essyface1

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

c

Answer to Question 2

Thank you

Answer to Question 3

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library