cash discount
trade discount
commission
bonus
Correct answer is A
A cash discount is a reduction in the amount of an invoice that the seller allows the buyer. This discount is given in exchange for the buyer paying the invoice earlier than its normal payment date and also encourages bulk purchases
The bank on which a cheque is drawn is known as the
drawer
drawee
cashier
payee
Correct answer is B
Drawee is a legal and banking term used to describe the party that has been directed by the depositor to pay a certain sum of money to the person presenting the check or draft. The bank that cashes your check is the drawee, your employer who wrote the check is the drawer, and you are the payee.
The assets of a business that is available for cash or near cash is called
equity
capital employed
received capital
liquid capital
Correct answer is D
Liquid capital is defined as cash or items which are readily converted to cash in a short time
A collective bundle of shares is called?
debenture
stock
bond
share
Correct answer is B
Stock is the capital raised by a company or corporation through the issue and subscription of shares. Summation of shares is referred to as stock