Julia orders twelve violins for her music shop from Notable Notes Instrument Manufacturers.The sale is made on credit.Julia orders the violins on May 1,Notable Notes ships the violins on May 2,and Julia receives the violins on May 4.Julia sells all the violins by June 15.Julia's credit period most likely began on
A)May 1.
B)May 2.
C)May 4.
D)June 15.

Question

Quizplus · Accepted Answer

The credit period typically starts on the date the items are shipped, which in this case was May 2. Therefore, choice B is the best answer. Choice A (May 1) is incorrect because the order was not yet shipped and received on that date. Choice C (May 4) is incorrect because that is the date Julia received the violins, which is after they were shipped. Choice D (June 15) is incorrect because that is the date the violins were sold, which is after the credit period would have started.

Julia Orders Twelve Violins for Her Music Shop from Notable