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Instead of Allowing a Discount on Its Invoice, an Electronics

Question 57

Multiple Choice

Instead of allowing a discount on its invoice, an electronics manufacturer keeps a record of the volume of stereo components purchased and issues the retailer a cheque at a later date. This practice is called a


A) bill back.
B) future allowance.
C) delayed discount.
D) cheque back.
E) timed payback.

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