Gershwin Wallcovering Inc

question 111

Multiple Choice

Gershwin Wallcovering Inc.shipped the wrong shade of paint to a customer.The customer agreed to keep the paint upon being offered a 15% price reduction.The price reduction is an example of a:

• A)Sales revenue.
• B)Sales discount.
• C)Sales return.
• D)Sales allowance.

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Definitions:

Doctorate Degree

The highest level of academic degree awarded by universities, typically after a course of study that follows a master's degree.

Associate's Degree

A post-secondary degree awarded by community colleges, junior colleges, technical colleges, and some four-year institutions, typically requiring two years of study.

Master's Degree

An advanced academic degree granted by universities or colleges, typically requiring the completion of a bachelor's degree and involving focused study in a specific field or discipline.

Median Income

The income amount that divides a population into two equal groups, half having income above that amount, and half below.