What does it mean not to take advantage of the discount granted by the supplier for prompt payment? A) A punishment for paying early B) A penalty for not paying on the agreed date. C) Charge a financial cost to the purchase operation. D) A saving for paying less

What does it mean not to take advantage of the discount granted by the supplier for prompt payment? A) A punishment for paying early B) A penalty for not paying on the agreed date. C) Charge a financial cost to the purchase operation. D) A saving for paying less

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Chapter2: The Purchasing Process

Section: Chapter Questions

Problem 1GPE

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What does it mean not to take advantage of the discount granted by the supplier for prompt payment?

A) A punishment for paying early

B) A penalty for not paying on the agreed date.

C) Charge a financial cost to the purchase operation.

D) A saving for paying less

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