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NEW QUESTION: 1
An accounts payable manager has been mandated to accept all trade discount opportunities with an effective cost of discount above 25%. An invoice has been presented and approved for payment with terms of 3/5, net 30 days. What is the difference between the effective cost of discount offered, and the 25% rate set by the company?
A. 14%
B. 17%
C. 20%
D. 22%
Answer: C

NEW QUESTION: 2
DESIGNATION : STIGMA ::
A. circumstance : predicament
B. advice : command
C. legislation : statute
D. falsehood : lie
E. odor : fragrance
Answer: A
Explanation:
Explanation/Reference:
Explanation:
This is a "negative form of" analogy. A STIGMA (mark or sign of disgrace) is an unwanted DESIGNATION.
Similarly, a predicament (difficult situation) is an unwanted circumstance.

NEW QUESTION: 3
SRO stands for
A. Self Regulatory Organization
B. Service Request Order
C. Statutory Regulation Offer
D. Supervisor Range Operations
Answer: A

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