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American_Bankers_Association

CTFA · Question #156

Dealer invoice is the amount a dealer is billed by the car manufacturer.

The correct answer is A. True. See the full explanation below for the reasoning.

Fiduciary and Trust Activities

Question

Dealer invoice is the amount a dealer is billed by the car manufacturer.

Options

  • ATrue
  • BFalse
  • CIt depends
  • DThere is no such invoice

How the community answered

(42 responses)
  • A
    79% (33)
  • B
    7% (3)
  • C
    2% (1)
  • D
    12% (5)

Topics

#dealer invoice#auto financing#car purchase#manufacturer billing

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