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Christian Paulo Pichay
on Dec 15, 2024

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Reductions from list or quoted prices to buyers for performing some activity are referred to as

A) allowances.
B) subsidies.
C) remittances.
D) noncumulative deductions.
E) list price deductions.

Allowances

Funds or discounts given for a particular purpose, such as a price reduction to a retailer from a manufacturer, or money given to children by their parents.

List Price Deductions

Discounts, allowances, or reductions from a product's standard list price that sellers may offer to buyers.

Performing Activity

The act of carrying out tasks or duties that contribute to the achievement of specific objectives.

  • Differentiate between various forms of incentives including promotional allowances and cash discounts.
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BC
Brandon CrumpDec 19, 2024
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