Discounts and Allowances Multiple Choice Questions with Answers – PDF Download

MCQ 1: The discount in a well manner way on performance, awarded by the manufacturers to the members of distribution channels is classified as:

1. non-functional discount
2. functional discount
3. quantity discount
4. descriptive discount

MCQ 2: The extra payment awarded for sales program and advertising is classified as:

1. seasonal allowances
2. trade-off allowances
3. promotional allowances
4. trade-in allowances

MCQ 3: The reduction of price awarded to the customers who pay their bills promptly is classified as:

1. non-functional discount
2. discount
3. quantity discount
4. descriptive discount

MCQ 4: The extra payment awarded to resellers for their participation in special programs is classified as:

1. allowance
2. offset discount
3. seasonal discount
4. equalizing discount

MCQ 5: The price reduction is awarded to buyers who buy services and goods in off-season is classified as:

1. oligopolistic discount
2. equalizing discount
3. offset discount
4. seasonal discount