Question 3 Not yet answered Points out of 1.00 Remove flag Given credit terms, 2/10, n/30, this means that 2% of the invoice must be paid in 10 days, with the net balance due in 30 days. Select one: True False Question 4 Not yet answered Points out of 1.00 p Flag question Under the periodic FIFO method of inventory costing, the Cost of Goods Sold amount reflects the most recent inventory purchases. Select one: True False