Which term refers to a deduction from list price applied to a customer's total purchases made during a specific period?
A) Cumulative quantity discount
B) Noncumulative quantity discount
C) Cash discount
D) Quantity discount

Question

Quizplus · Accepted Answer

A cumulative quantity discount is a deduction from the list price that is applied to a customer's total purchases over a specific period, encouraging larger orders over time.

Which Term Refers to a Deduction from List Price Applied