ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
____ is a discount from the list price of an item allowed by a manufacturer to wholesalers and merchants.
|
|
Trade discount
|
|
|
Quality discount
|
|
|
Cash discount
|
|
|
Sells discount
|
Explanation:
Detailed explanation-1: -Cash discounts are deductions allowed by some sellers of goods, or by some providers of services, to motivate customers to pay their bills within a specified time. Cash discounts also are called early payment discounts.
Detailed explanation-2: -Solution. Trade discount is allowed on the Catalogue/list price.
There is 1 question to complete.