Ask Question
BusinessBusiness
28 November, 21:20

Purchase discounts are the same as trade discounts true or false

+3
Answers (1)
  1. 28 November, 22:55
    0
    That statement is false.

    They are different. Purchase discounts are given by the sellers to the buyers in order to reduce the amount that the buyers have to pay if they complete the payment within a specific period of time. Trade discount on the other hand, is given by manufacturers to the sellers or re-sellers.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Purchase discounts are the same as trade discounts true or false ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The marketing concept is a philosophy that a business organization should employ to satisfy customers' needs while achieving the overall goals of the organization. A) True B) False
Answers (1)
He richest one-fifth of the world's population possesses approximately 80 times the income of the poorest one-fifth, and the richest one-fifth uses over 86% of the world's resources. true
Answers (1)
In a jewelry store, a customer places an order for a piece of jewelry (for example, a silver pin in the shape of a tulip). each individual piece of jewelry is treated as a separate order.
Answers (1)
Mike is an architect. He is hired by Revoltin' Development Company to design a new office building. The most important factor in determining whether Mike is an employee of Revoltin' Development or an independent contractor is: Group of answer
Answers (1)
Another term for "food poisoning" is: Shigella Food virus Super virus Norovirus
Answers (1)
New Questions in Business
True or false: Google manages every aspect of Google Cloud Platform customers' security.
Answers (1)
Which sentences describe characteristics of a partnership? A. The owners are free from personal liability. B. The owners pool their resources to raise capital. C. The owners in a partnership are called members. D.
Answers (1)
Green Frog is an environmentally friendly firm in the cosmetics industry that has decided to undertake a strategic planning project.
Answers (1)
Mike and Sara are both from the same country and share the same culture. The communication that takes place between them would be classified as: a. intracultural communication. b. intrapersonal communication. c. ethnocentric communication. d.
Answers (1)
With a traditional savings account, you could be charged a fee if: AYou deposit too much money at once BYou open an account online CYou withdraw money too often DYou close the account
Answers (1)
Home » Business » Purchase discounts are the same as trade discounts true or false
Sign Up Forgot Password?