Allowances, like discounts, are
A) rewards given to retailers to encourage early payment.
B) payment extensions given to cash-strapped consumers during the current recession.
C) list price deductions based on surges in consumer demand.
D) list price deductions based on sudden drops in consumer demand.
E) reductions from list or quoted prices to buyers for performing some activity.

Question

Quizplus · Accepted Answer

Allowances, like discounts, are reductions from list or quoted prices given to buyers for performing some activity, such as promoting the product or paying early.

Allowances, Like Discounts, Are