The incentive given to a buyer to encourage prompt payment is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option A
Explanation:
A cash discount is a reduction granted to a buyer for making payment within a specified period. It encourages customers to settle their debts promptly and improves the seller's cash flow.
A cash discount is a reduction granted to a buyer for making payment within a specified period. It encourages customers to settle their debts promptly and improves the seller's cash flow.