One of the most common designations for the beginning of the credit period is
A) 2/10.
B) the end of the month.
C) the date of invoice.
D) the transaction date.

Question

Quizplus · Accepted Answer

The beginning of the credit period is usually the date of the invoice, which is the date when the goods or services were delivered or performed. This is typically when the countdown for any discounts or payment terms begins. The other options are related to payment terms but do not necessarily indicate the beginning of the credit period.

One of the Most Common Designations for the Beginning of the Credit