Amounts due from customers when goods are sold on credit are called __ – McqOptions

MCQOPTIONS

1.	Amounts due from customers when goods are sold on credit are called _____________.
A.	Trade balance
B.	Trade debits
C.	Trade discount
D.	Trade off
Answer» C. Trade discount

Discussion

No Comment Found

Related MCQs

Two mutually exclusive projects with different economic lives can be compared on the basis of
If the Money Discount Rate is 19% and Inflation Rate is 12%, then the Real Discount Rate is:
Risk in Capital budgeting implies that the decision-maker knows___________of the cash flows.
Minimum Rate of Return that a firm must earn in order to satisfy its investors, is also known as:
In order to calculate the proportion of equity financing used by the company, the following should be used:
In order to find out cost of equity capital under CAPM, which of the following is not required:
Which of the following is not a generally accepted approach for Calculation of Cost of Equity?
In MM Model with taxes, where 'r' is the interest rate, D is the total debt and 't' is tax rate, then present valued shields would be:
Which of the following appearing in the balance! generates tax advantage and hence affects the c, structure decision ?
Which of the following stresses on investor's preference reorient dividend than higher future capital gains ?