Question 0

The basic distinction between cash discount and trade discount is that while trade discount is

  • A.for a period of 30 days, cash discount is for a period of 3 months
  • B.given by a wholesaler, cash discount is given by a bank
  • C.a reduction in the catalogue pirce f an article, cash dis count is a reduction in the invoice value
  • D.a reduction in the value of sales, cash discount is a reduction in price of goods
  • E.
Objective

Question details

Exam body
JAMB
Subject
Commerce
Year
1997
Question no.
#0
Type
Objective

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