What is a one-time reduction in list price, typically offered at time of sale, referred to as?
A) allowance
B) rebate
C) noncumulative discount
D) cumulative discount

Name: What is a one-time reduction in list price, typically offered at time of sale, referred to as? A) allowance B) rebate C) noncumulative discount D) cumulative discount
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A noncumulative discount is a one-time reduction in the list price offered at the time of sale, typically to encourage immediate purchase.

What Is a One-Time Reduction in List Price, Typically Offered