Pricing Is One of the Basic Functions of

question 48

Multiple Choice

Pricing is one of the basic functions of

• A) marketing.
• B) finance/accounting.
• C) management information systems.
• D) production/operations.
• E) research and development.

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Definitions:

Financing Activities

Transactions that result in changes in the size and composition of the equity capital or borrowings of the company.

Dividends

A distribution of a portion of a company's earnings to its shareholders, usually determined by the board of directors.

Operating Activities

Cash flows directly related to the production and delivery of a company's goods and services.

Direct Method

A method of reporting the cash flows from operating activities as the difference between the operating cash receipts and the operating cash payments.