Discounts related to price discrimination will be

A) volume based.
B) unit based.
C) marginally based.
D) lot size based.

Answer: A

Business

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When a company makes an accounting change, Generally Accepted Accounting Principles require that the company make changes to financial statements of prior years

Indicate whether the statement is true or false

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The bank must recognize the trust accounts as such and the word trust or escrow must be in the name of the account.

a. true b. false

Business