A Trade Discount Is

question 235

Multiple Choice

A trade discount is:

• A)A term used by a purchaser to describe a cash discount given to customers for prompt payment.
• B)A reduction in selling price below the list price given by a manufacturer or wholesaler.
• C)A term used by a seller to describe a cash discount granted to customers for prompt payment.
• D)Also called a Discount Lost.
• E)Also called a rebate.

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Definitions:

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