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Started onSunday, March 31, 2019, 8:43 PMStateFinishedCompleted onSunday, March 31, 2019, 8:50 PMTime taken6 mins 37 secsGrade15.00out of 15.00 (100%)Question 1CorrectMark 1.50 out of 1.50Flag questionQuestion text(T / F) A trade discount is a discount offered at the time of sale to encourage the customer to buy.Select one:True FalseFeedbackThe correct answer is 'True'.
Question 2CorrectMark 1.50 out of 1.50Flag questionQuestion text(T / F) Sales discounts arise when the seller offers the buyer a cash discount, typically 1to 3 percent, to induce early payment of an amount due.
Question 3CorrectMark 1.50 out of 1.50Flag questionQuestion text(T / F) Non-operating revenues and expenses are revenues and expenses not related tothe sale of products or services regularly offered for sale by a business.

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