Four pricing practices are closely scrutinized because of potential unethical or illegal actions. They include: (1) price fixing; (2) price discrimination; (3) predatory pricing; and (4) ________.
A. price discounting
B. delayed payment penalties
C. deceptive pricing
D. regional rollbacks
E. lateral price fixing
Answer: C
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The basic document for keeping track of costs in a job order costing system is a
a. job order cost card. b. labor time card. c. process cost report. d. materials requisition form.
The dolphin used to identify the publisher of your accounting textbook is an example of a
a. franchise. b. patent. c. trademark. d. copyright.
Rodriguez Inc is considering a project that costs $200,000. The company expects the annual cash revenues to be $75,000 and annual expenses (including depreciation) to be $30,000. The project has a ten-year useful life and a residual value of $25,000. Assume Rodriguez Inc uses the straight-line method of depreciation. Using the above information for Rodriguez, the accounting rate of return for the
project is (Round your answer to a whole percent) A) 51 percent. B) 22 percent. C) 67 percent. D) 40 percent.
With ______, good candidates may come to an organization “cold” and ask for a job.
A. advertising B. walk-ins C. in house D. referrals