Which is the type of discount that would most likely be given to a customer who pays bills within a stated period?

A) Cash discount
B) Noncumulative quantity discount
C) Trade discount
D) Cumulative quantity discount
E) Consumer discount

Cash Discount

A reduction in the invoice price offered by sellers to buyers as an incentive for early payment.

Stated Period

A specific time frame that has been mentioned or defined.

Pays Bills

The responsibility of managing and settling financial liabilities such as invoices or debts, often referring to the operational costs of running a business.