Discounting Is the Process of

question 165

Multiple Choice

Discounting is the process of

• A)cutting prices to get rid of surplus stocks.
• B)finding the present value of future dollars.
• C)finding the future value of present dollars.
• D)giving special concessions to special customers.

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Definitions:

Good Job

A commendation for performance that meets or exceeds expectations, often implying satisfaction with the work done.

Fixed-Ratio

A schedule of reinforcement where a response is rewarded only after a specified number of responses, leading to a high and steady rate of response.

Piecework

A type of employment where a worker is paid a fixed rate for each unit produced or action completed, rather than receiving an hourly or annual salary.

Commission

A fee or percentage allowed to a salesperson or agent for services rendered, often a percentage of the sale made.