A trade discount is also called a _____.
A) cumulative quantity discount
B) noncumulative quantity discount
C) seasonal discount
D) stock discount
E) functional discount

Question

Quizplus · Accepted Answer

A trade discount is also known as a functional discount, which is a discount offered by the supplier to the buyer as an incentive for making a purchase. It is usually given as a percentage off the list price and is based on the buyer's status as a member of the trade or as a loyal customer, rather than on the volume of the purchase.

A Trade Discount Is Also Called a _____