Markdowns:
A) do not affect the profits of a business.
B) are not shown on an operating statement.
C) are similar to allowances--and are subtracted from gross sales on an operating statement.
D) are generally caused by "consumer errors."
E) All of the above.

Question

Quizplus · Accepted Answer

The Answer of Markdowns:
A) do not affect the profits of a business.
B) are not shown on an operating statement.
C) are similar to allowances--and are subtracted from gross sales on an operating statement.
D) are generally caused by "consumer errors."
E) All of the above.