Which of the following is an advantage of using cost-based pricing methods?
A) They consider external factors such as competition.
B) They include consideration of the effects of demand.
C) They are relatively simple to calculate.
D) They make accurate cost estimating a simple process.
E) They take the product life cycle into consideration.
C
You might also like to view...
Interactive TV (iTV) lets viewers interact with television programming and advertising
Indicate whether the statement is true or false
A biology professor delivers a lecture on a recent discovery in genetics, the causes and ramifications of which are still largely a mystery to scientists. This is an example of which type of informative presentation?
a. exploratory b. explanatory c. descriptive d. demonstrative
All of the following are factual statements relative to a standard cost system, except:
a. It cannot be used by service companies. b. The objective is to control costs and promote efficiency. c. A majority if U.S. manufacturers use this method. d. It is used in conjunction with such methods as job order, process, or backflush costing.
Dominant people tend to direct their gestures outward
Indicate whether the statement is true or false.