A Price Reduction Given When a Used Product Is Part

question 228

Multiple Choice

A price reduction given when a used product is part of the payment on a new product is referred to as a _________.

• A)cash discount
• B)functional discount
• C)seasonal discount
• D)trade-in allowance
• E)promotional allowance

Understand the principles of upwelling and its ecological effects.

Acquire knowledge on biome distribution and the factors influencing it.

Identify key methodological approaches for studying meteorology.

Recognize adaptational strategies of flora and fauna to different climates and biomes.

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Definitions:

Credit

An accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is also used to refer to the provision of resources by a credit provider to a borrower.

Expenses

Costs incurred in the process of earning revenues, generally categorized as operating or non-operating.

Debit

An accounting entry that increases assets or expenses or decreases liabilities, equity, or revenue.

Credit

The granting of a loan and the creation of debt; any form of deferred payment.