A trade promotion that typically involve paying retailers for financial losses associated with consumer sales promotions or reimbursing a retailer for an in-store or local expense to promote a specific product are known as allowances.

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Laksh Kingrani · Accepted Answer

Final Answer : True, Explanation :  Trade promotions involving allowances are designed to compensate retailers for the costs associated with promoting a specific product, including financial losses from consumer sales promotions or covering expenses for in-store promotions.

A trade promotion that typically involve paying retailers for financial losses associated with consumer sales promotions or reimbursing a retailer for an in-store or local expense to promote a specific product are known as allowances.

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