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Redline Editorial Services Sent a $1,000 Invoice to a Customer

Question 93

Multiple Choice

Redline Editorial Services sent a $1,000 invoice to a customer for copyediting a booklet.According to the terms of the invoice,the customer would receive a 3 percent discount on the invoice price if the invoice was paid within 15 days.This is an example of a:


A) quantity discount
B) cash discount
C) rebate
D) functional discount
E) promotional allowance

Correct Answer:

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