$3.6\mathrm{.}1$ Which of the following numbers represents the discount percentage applied if a customer pays

within a discount window and credit terms are $3/15,$ n$/60?$

A$.3$

B$.15$

C$.60$

D$.3$ and $15$

$4.6\mathrm{.}1$ If a customer purchases merchandise on credit and returns the defective merchandise before

payment, what accounts would recognize this transaction?

A$.$ sales discount, cash

B$.$ sales returns and allowances, cash

C$.$ accounts receivable, sales discount

D$.$ accounts receivable, sales returns and allowances

$5.6\mathrm{.}2$ Which of the following is a disadvantage of the perpetual inventory system?

A$.$ Inventory information is in real$-$time.

B$.$ Inventory is automatically updated.

C$.$ It allows managers to make current decisions about purchases, stock, and sales.

D$.$ It is cost$-$prohibitive.