A(n)_____ discount is a deduction from list prices that applies to the buyer's total purchases made during a specific period and intended to encourage customer loyalty.
A) cumulative quantity
B) noncumulative quantitative
C) functional
D) cash
E) integrated

Question

Quizplus · Accepted Answer

Because quantity discounts are allowed to be achieved over time,customers become locked into buying from a single supplier to qualify for a discount.

A(n)_____ Discount Is a Deduction from List Prices That Applies