Allowances, Like Discounts, Are

Multiple Choice

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.