WorksheetsTrade and Cash Discounts
Total questions: 10
Worksheet time: 6mins
Which is not an example of a trade discount?
SNR's Christmas Sale
Wholesaler's price to a reseller
SM's regular priced items
Shopee's 10.10 items
How do you compute for the net price?
List Price * Trade Discount
List Price - Trade Discount Amount
Trade Discount Amount - List Price
Trade Discount * List Price
How do you compute for the trade discount amount?
List Price * Trade Discount
List Price - Trade Discount Amount
Trade Discount Amount - List Price
Trade Discount * List Price
What is a Chain Discount?
Different term Trade Discounts
List Price
Trade discounts applied in a series
Discount Rate
Why would sellers offer a cash discount?
To complicate things in accounting
To motivate customers to pay at a specific time
To receive less income from the customer
No reason
If a dentist were to offer their services to a client, what discount would be most effective to for partial payments?
Trade Discount
Chain Discount
Cash Discount
If a manufacturer were to offer their products to their distributors, what discount would be most effective to for bulk orders?
Trade Discount
Chain Discount
Cash Discount
Which vendors are the most popular users of the Chain Discount? Select two.
Shopee
Watsons
SM
Lazada
Lalamove
Which vendors are the most popular users of the Trade Discount? Select two.
SNR
Monterey
Landers
Lazada
Mini Stop
Which of the following are Freight Terms commonly used for transporting goods? Select three.
Buyer
Seller
FIFO
FOB Shipping Point
LIFO
