THERE IS NO DIFFERENCE BETWEEN CASH DISCOUNT AND COMPLEMENTARY CASH DISCOUNT? TRUE OR FALSE

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
Insurance and Risk, Using Good Insurance Policies could avoid the Risk (true/fa...
Posted by:
Tamer Elbeshbishy
19-May-2016

Question added by MBO TSAMOH , ACCOUNTANT/CONTROLER , RURAL INVESTMENT CREDIT
Date Posted: 2014/06/04

Upvote (1) Views (3) Followers (1) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

True

Both mean the reduction of the value received

as a result of payment in cash

Downvote Reply () Report

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

Write Your Answer

More Questions Like This

Questions offering only two options (Yes-No / True-False) are called "Dichotomous Questions" in Research?
Top Answer: 1.TRUE (TO SAY YES OR NO: YOU MUST KNOW THE 'WORK AND THEME' IN FULL) ... See More

Answers (7)
Whichever is more profitable ? Delegate offers you 10 cartons of a particular commodity + carton gift + 20 % + 3 % cash discount
Top Answer: OPTOPN1 immediate payment Assume Terms are price = AED1 payment terms =3%0 / Net Then by takin ... See More

Answers (2)
Real cash-flows should be discounted at the inflation rate to compute nominal cash-flows. True or false?
Top Answer: <p>False......As real cash flows should be discounted on real rate and nominal cash flows should be ... See More

Answers (2)
Free cash flow is the cash provided by operating activities minus the cash used by financing activities. True or false?
Top Answer: Yes its true cash free cash flow should be use operating activities only. See More

Answers (3)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.