A Quantity Discount Is

question 10

Multiple Choice

A quantity discount is

• A) an incentive for customers to pay quickly.
• B) recorded as a contra revenue account.
• C) considered to be a sales allowance.
• D) a cash savings to the purchaser.

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Definitions:

Sales Efforts

Activities undertaken to increase the visibility and desirability of a product or service to potential customers, aiming to drive sales and revenue.

Supplier Scoring

A method used to evaluate and rank suppliers based on various performance indicators such as quality, delivery time, and cost.

Performance Dimension

Performance dimension refers to the various aspects through which an organization's effectiveness can be evaluated, such as quality, speed, and flexibility.

Price Dimension

Refers to the components that make up the pricing structure of a product or service, including base price, discounts, and surcharges.