Which of the following price adjustment strategies offers a price reduction to buyers who pay their bills promptly?
A) cash discount
B) season discount
C) quantity discount
D) trade discount
E) functional discount

Question

Quizplus · Accepted Answer

A cash discount is a price adjustment strategy that offers a reduction in price to buyers who pay their bills promptly. This discount is offered as an incentive for customers to pay their bills early or on time. Season, quantity, trade, and functional discounts are all different types of price adjustments that do not specifically offer a reduction in price to prompt pay customers.

Which of the Following Price Adjustment Strategies Offers a Price