of the following describes a sales discount?
A) A discount given to customers if the customer pays within a certain period of time
B) A discount given by vendors of the company pays within a certain period of time
C) A discount given to customers for buying the floor model
D) A discount given to customers for their loyalty

Question

Quizplus · Accepted Answer

A sales discount is a reduction in the amount owed by a customer if they pay within a specified period, often used to encourage prompt payment.

Of the Following Describes a Sales Discount