Match each item with the correct statement below.
-Amount by which the original selling price is reduced before sale.
A)Advertising
B)cash discount
C)corrective advertising
D)cost of goods sold
E)false advertising
F)full disclosure
G)list price
H)margin
I)markdown
J)markup
K)net profit
L)seasonal discount
M)trade discount
N)turnover

Question

Quizplus · Accepted Answer

Markdown is the amount by which the original selling price of an item is reduced before sale.

Match Each Item with the Correct Statement Below