JSCE Business Studies 2022 Objective — Question 26
Question 26 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2022 Objective paper, with the correct answer and a full explanation.
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A specific percentage that a seller allows the customer to deduct and encourage prompt payment is called .....
- A. discount
- B. cash discountCorrect
- C. trade discount
- D. cash book
Explanation
A discount for prompt payment is a cash discount.
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