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A Cash Discount Differs from a Trade Discount in That

Question 45

Multiple Choice

A cash discount differs from a trade discount in that the cash discount is


A) a reduction in the per unit price of an item if a certain quantity is purchased.
B) received in currency instead of by a check from the customer.
C) typically associated with consumers and a trade discount associated with commercial vendors or suppliers.
D) the same as a mark down.

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