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Author Question: Which of the following is true of long-run pricing? (Read 54 times)

NguyenJ

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Question 1

Which of the following is regarded as a purpose of cost allocation?
◦ It helps in identifying the potential customers for a product.
◦ It provides the profit margin earned.
◦ It helps in maintaining decorum among managers.
◦ It provides information for economic decisions.

Question 2

Which of the following is true of long-run pricing?
◦ It is fixed at a level that recovers the variable cost of the company and a pre-determined profit markup.
◦ It is generally a function of the market factors and the cost involved in production is generally not a consideration.
◦ It is a strategic decision designed to build long-run relationships with customers based on stable and predictable prices.
◦ It is based only on internal requirements like cost and estimated rate of return as in the long run these requirements are the driving factors of any organization.


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Marked as best answer by NguyenJ on Mar 6, 2021

cegalasso

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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NguyenJ

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


lkanara2

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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