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    5. While determining the Material Cost, _______ is not deducted from the purchase price. It is treated

    Question

    While determining the Material Cost, _______ is not

    deducted from the purchase price. It is treated as interest and finance charges. It is ignored.
    A Trade discount Correct Answer Incorrect Answer
    B Subsidy/Grant received from the government Correct Answer Incorrect Answer
    C Cash discount Correct Answer Incorrect Answer
    D Quantity discount Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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