Question on: JAMB Commerce - 2024
An allowance made to a customer for prompt payment is known as
A
Bulk discount
B
Commission
C
Cash discount
D
Allowance
Ask EduPadi AI for a detailed answer
Correct Option: C
A cash discount is offered to customers to encourage them to pay their invoices quickly. This is a direct incentive for prompt payment.
Add your answer
Please share this, thanks!
No responses