Indicate by choosing the correct option whether the following statement is true or false:
Settlement discount granted is offered to debtors in order to encourage quick settlement of their debts within the stated credit term shown on the credit invoice.
Settlement discounts are discounts which are given to a customer for the early payment of an invoice. If a payment is received from your customer within the number of days negotiated then the discount may be deducted from the invoice value.
So, the statement is true.