____________ are reductions off the list price given by a producer to an intermediary for performing certain functions.
A) Trade discounts
B) Quantity discounts
C) Cumulative discounts
D) Non-cumulative discounts
E) Cash discounts

Question

Quizplus · Accepted Answer

Trade discounts are specifically given to intermediaries, such as wholesalers or retailers, for performing functions such as marketing, selling, or storing the producer's products. Quantity discounts are given based on the volume of products purchased, cumulative discounts are based on the total amount of purchases over a period of time, non-cumulative discounts are one-time reductions, and cash discounts are given for prompt payment.

____________ Are Reductions Off the List Price Given by a Producer