Which of the following pricing techniques is most sensitive to customers' responses to price?
A. cost-plus fixed-fee pricing
B. standard markup pricing
C. target pricing
D. experience curve pricing
E. cost-plus percentage-of-cost pricing
Answer: C
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Which of the following is a personal characteristic that influences an individual's buying decisions?
a. Lifestyle b. Culture c. Motivation d. Learning
Welch Inc. has used a fiscal ending September 30 as its taxable year since its incorporation in 1988. The shareholders have decided to shut down Welch's business and dissolve the corporation on March 31. Which of the following statements is false?
A. Welch's final tax return will include its income from January 1 to March 31. B. Welch's final tax return will be a short-period return. C. Welch's final tax return will include its income from October 1 to March 31. D. None of the above is false.
Using the information shown in Table 7.1, what is the slack time for activity D?
A) 1 B) 4 C) 6 D) 7
Which of the following statements is correct?
A. A feeder organization is a division of a tax-exempt organization and it is subject to the Federal income tax. B. A feeder organization is a tax-exempt organization whose purpose is to provide food to underprivileged children. C. A feeder organization is a taxable organization whose purpose is to provide reduced cost meals to its employees that are excluded from the employee's gross income. D. Only a. and b. are correct. E. None of these statements is correct.