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Trade Discounts and List Prices Quiz
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Trade Discounts and List Prices Quiz

Created by
@ImpartialHarmony

Podcast Beta

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Questions and Answers

True or false: Goods should be recorded at their list price less any trade discounts involved.

True

True or false: Trade discounts are not taken into consideration when recording the value of goods?

False

True or false: The list price of goods is the final price that customers pay?

False

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