Which of the Following Is NOT a Characteristic of Discount

question 120

Multiple Choice

Which of the following is NOT a characteristic of discount houses?

• A) less customer service
• B) lower prices
• C) deeper product lines
• D) less atmospherics

---

Definitions:

Commission Charged

A fee paid to an employee or agent for facilitating a sale, typically a percentage of the sale amount.

Factor

A financial company that purchases receivables from businesses, providing them with immediate cash.

Impairment

Impairment is a reduction in the recoverable value of an asset below its carrying value, leading to an expense in the income statement.

Receivable

An amount of money owed to a company by its customers or clients for goods or services provided on credit.