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

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

Quizplus · Accepted Answer

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

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