AFP CTP Question Answer
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?
AFP CTP Summary
- Vendor: AFP
- Product: CTP
- Update on: Oct 21, 2025
- Questions: 1076