The basic distinction between cash discount and... - JAMB Commerce 1997 Question
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
correct option: d
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