Question

9. Delayd billing is a feature offered by some pharmaceutical and supply companies. Which of the...

9. Delayd billing is a feature offered by some pharmaceutical and supply companies. Which of the following is not typical of this type of billing option?

A. the option of paying within a 60-90 day period will extend the discount.

B. it is typically an option when discounts for quantity buying are being offered

C. payment is not required within the usual 30-day span.

D. interest is usually still charged to the buyer

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Answer #1

Delayed billing facility allows the customer to pay for the goods purchased at a later date. It is a technique employed by companies to attract customers.

All of the options are true except option d.

Therefore, the answer is option d.

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