Destiney is opening Destiney's Soul Food Restaurant. She has determined what it costs to produce each dish on the menu, how much overhead she must include in the menu item price, and other costs associated with producing each meal. After doing these computations, she visits several neighboring restaurants and reviews their menus. She returns to her business and prices her menu items similar to the competitors' prices. What type of pricing strategy is she using?
A. Cost-based pricing
B. Markup
C. Demand-based pricing
D. Competition-based pricing
Answer: D
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Answer the following statements true (T) or false (F)
1. If the bank reconciliation includes a bank service charge, a journal entry is required, which debits Bank Expense and credits Cash. 2. If the bank reconciliation includes a deposit in transit, a journal entry is required that includes a debit to cash. 3. Journal entries are required if the bank reconciliation includes outstanding checks. 4.Journal entries are required if the bank reconciliation includes a book error.
Which of the following is not a detail usually included in a project’s statement of work?
a. problem statement b. technical description c. timeline and milestones d. government regulations and guidelines influencing the project
A(n) ____________________ is a transfer by a tenant to another of his or her entire interest in a lease
Fill in the blank(s) with correct word
A discount offered as an inducement for prompt payment of an invoice is called a(n):
A) invoice discount. B) purchase discount. C) early discount. D) cash discount.