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A cash discount may best be defined as:

Looking for the answer to the question below related to Financial Management?

A cash discount may best be defined as:

 Options:

A. a reduction in price if payment is made within the specified time period
B. a discount offered to critical suppliers
C. a discount applied to volume sales
D. a discount or the repayment of the firm’s debt

 

The Correct Answer Is:

  • A. a reduction in price if payment is made within the specified time period

 

Conclusion

I hope you got the answer to your question.

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