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    Intermediate Accounting Study Set 1
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    Exam 7: Cash and Receivables
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    Trade Discounts Are Generally NOT Used to
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Trade Discounts Are Generally NOT Used to

Question 59

Question 59

Multiple Choice

Trade discounts are generally NOT used to


A) avoid frequent changes in catalogues.
B) quote different prices for different quantities purchased.
C) encourage faster payment.
D) hide the true invoice price from competitors.

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