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Which of the following is true of a cash discount? O a. It is based on the total amount of an invoice before deducting

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Which of the following is true of a cash discount? O a. It is based on the total amount of an invoice before deducting any returns and allowances. Ob. It is an incentive for credit customers to pay their bills promptly. O c. It is only provided by retailers and small traders to their customers. Od. It is an amount that a customer can deduct from full payment only if a bill is paid within thirty days.

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