Match each item with the correct statement below.
-Reduction in price given for paying by a certain date.
A)Advertising
B)cash discount
C)corrective advertising
D)cost of goods sold
E)false advertising
F)full disclosure
G)list price
H)margin
I)markdown
J)markup
K)net profit
L)seasonal discount
M)trade discount
N)turnover

Question

Quizplus · Accepted Answer

A cash discount is a reduction in the invoice amount by a seller to encourage early payment by the buyer.

Match Each Item with the Correct Statement Below