When a customer purchases merchandise inventory from a business organization, she may be given a discount which is designed to induce prompt payment. Such a discount is called a(n) enhancement discount. cash discount. trade discount. nominal discount. Question 49 2 pts The percentage-of-receivables approach requires companies to set up an aging schedule of accounts receivable. True False Question 50 2 pts Cash equivalents are investments with original maturities of six months or less. True False