IIA Exam IIA-ACCA Topic 9 Question 95 Discussion

Actual exam question for IIA's IIA-ACCA exam

Question #: 95
Topic #: 9

[All IIA-ACCA Questions]

Which of the following price adjustment strategies encourages prompt payment?

ACash discounts.

BQuantity discounts.

CFunctional discounts.

DSeasonal discounts.

Show Suggested Answer

Suggested Answer: B

by Staci at Jan 22, 2025, 04:26 AM

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6 days ago

I'm not sure, but I think functional discounts could also encourage prompt payment by offering discounts for certain payment methods.

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6 days ago

Cash discounts are the way to go! Who doesn't love a little extra incentive to pay on time?

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8 days ago

I agree with Johnson, cash discounts are meant to encourage prompt payment.

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13 days ago

I think the answer is A) Cash discounts.

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