The best way to pay the minimum price to a vendor is to take advantage of
A)cash discounts,but not trade discounts.
B)trade discounts,but not cash discounts.
C)both trade discounts and cash discounts.
D)neither discount,but to pay the invoice price on the due date.

Question

Quizplus · Accepted Answer

By taking advantage of both trade discounts and cash discounts, you can ensure that you pay the minimum price possible to the vendor. Trade discounts are given based on the volume of goods purchased while cash discounts are given for paying the invoice early. By combining both, you can get the best possible price for your purchases.

The Best Way to Pay the Minimum Price to a Vendor