Like discounts, reductions from list or quoted prices to buyers for performing some activity are referred to as
A)uniform pricing.
B)basing point pricing.
C)noncumulative deductions.
D)list price deductions.
E)allowances.

Question

Quizplus · Accepted Answer

The term "allowances" refers to discounts or reductions from list or quoted prices that are offered to buyers for performing some activity, such as agreeing to take delivery at a certain time or buying a certain quantity. The other options are not specific to these types of discounts.

Like Discounts, Reductions from List or Quoted Prices to Buyers