8. A discount given to a customer for purchasing a large volume of merchandise is typically referred to as a a. quantity discount. b. cash discount. c. trade discount. d. size discount. ANS: ___________ 9. When the direct write-off method of recognizing bad debt expense is used, the entry to write off a specific customer account would a. increase net income. b. have no effect on net income. c. increase the accounts receivable balance and increase net income. d. decrease the accounts receivable balance and decrease net income.