Which of the following is an example of a cost-oriented price setting approach?
A. reference prices
B. value in use pricing
C. negotiated prices
D. markup pricing
E. price sensitivity
Answer: D
You might also like to view...
Which of the following statements does not accurately describe disclosures of uncertain tax positions?
A. Each uncertain tax position is separately disclosed. B. Disclosures are generally presented by year. C. Disclosures are not mandatory under U.S. GAAP. D. Increases and decreases are disclosed separately.
Put the listed steps in the corresponding parentheses in the risk assessment and response approach diagram below.(A) Avoid, share or accept risk(B) Reduce risk by implementing controls(C) Is it cost beneficial to protect the firm from the risk?(D) Estimate the likelihood of each risk occurring(E) Identify control to mitigate the risk(F) Estimate the costs and benefits from instituting controls(G) Identify the risks(H) Estimate the impact or potential loss, from each risk
What will be an ideal response?
Process value analysis (PVA) identifies all activities of a production and/or assembly operation for the purpose of
a. preparing budgets based on activity centers. b. determining the value of the process. c. replacing cost drivers used in cost assignment analyses with activities. d. relating cost assignment to the activities that caused the cost to be incurred.
Incremental changes require ______________, while larger more influential changes require _____________.
a. Less dedication, sustained passion b. More employee buy-in, leadership commitment c. Fewer resources, formal approval d. Numerous task forces, town hall meetings