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Some Industries Commonly Use Two-Part Pricing, Breaking the Price Down

question 98

True/False

Some industries commonly use two-part pricing, breaking the price down into a fixed fee and a fixed usage rate.


Definitions:

Lock-box System

A collection and processing service provided by banks to speed up the receipt and deposit of checks from customers.

Disbursement Float

The time delay between when a check is issued and when it is deducted from the payer's bank account.

Issuance

The process of offering new or existing securities for sale to investors by a corporation or government entity.

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