PROMOTIONAL ALLOWANCES Definition

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PROMOTIONAL ALLOWANCES are offered by manufacturers to support the additional promotional activities undertaken by channel members (retailers) on their behalf, e.g. discounts given as part of promotional programs, such as when products are put on sale to increase traffic in a retail store.

Learn new Accounting Terms

CREDIT CONTROL is policies and procedures aimed at controlling the granting of credit.

SALARY is scheduled wages and benefits an employee receives from an employer.

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