Pricing, Discounts & Promotions — Assessment

1. Where does an item’s selling price come from in AWRA?

It is random The item catalogue A printed sheet at the till The cashier decides each time

2. Why does AWRA track cost alongside selling price?

So margin can be calculated, not just turnover To raise taxes It does not To hide discounts

3. What happens to a discount when it is applied?

It is forgotten immediately It deletes the sale The discount itself is recorded as data Only the final price is kept

4. What is the point of controlled discounting?

To speed up the till only To ban all discounts To make discounts deliberate decisions with limits and authorisation To make prices random

5. What is a price list used for?

Deleting products Holding alternative prices for different customers, or a dated promotion Counting stock Issuing refunds

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