Customary pricing refers to
A. a pricing method where the price the seller quotes includes all transportation costs.
B. deliberately selling a product below its list price to attract attention to it.
C. pricing based on what the market will bear.
D. setting a price that is dictated by tradition, a standardized channel of distribution, or other competitive factors.
E. setting the same price for similar customers who buy the same product and quantities under the same conditions.
Answer: D
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The primary purpose of the Security and Exchange Commission's Form 20-F is to
a. explain in detail the differences between the internal controls established under the accounting and auditing principles of a foreign country and those of the United States. b. determine the fee a foreign company must pay to register its financial statements with the Securities and Exchange Commission. c. explain in detail the differences between net income computed under the accounting principles of a foreign country and U.S. GAAP. d. explain in detail the differences between total assets measured using the accounting principles of a foreign country and U.S. GAAP.
What type of team decision-making technique is a structured way for team members to generate ideas and identify solutions?
a. Problem-solving technique b. Nominal group technique c. Intuitive technique d. Delphi technique
In determining state taxable income, all of the following are adjustments to Federal income except:
A. Federal net operating loss. B. State income tax expense. C. Fringe benefits paid to officers and executives. D. Dividends received from other U.S. corporations.
Answer the following statement(s) true (T) or false (F)
1. The practice of law is state-specific. 2. Graduation from an ABA-accredited law school allows one to be licensed to practice law without taking the bar exam. 3. An ethics exam is part of the licensure process. 4. Lawyers must obey the ABA Model Rules of Professional Responsibility. 5. One’s past, including felony convictions, can prevent one from being eligible to take the bar exam.