___________ Is a Price Tactic That Tries to Get Consumers

question 86

Multiple Choice

___________ is a price tactic that tries to get consumers into a store through false or misleading price advertising and then uses high-pressure selling to persuade consumers to buy more expensive merchandise.

• A) Bait pricing
• B) Price bundling
• C) Odd-even pricing
• D) Leader pricing

---

Definitions:

Work In Process Inventory

Items that are in the production process but have not yet been completed, representing one of the three main inventory accounts.

First-In, First-Out

An inventory costing method where the goods first added to the inventory are the first to be sold, reflecting in more current inventory costs in financial statements.

Brazing Department

A specific section within a manufacturing facility where brazing, a metal-joining process, is carried out.

Conversion Costs

Expenses directly related to the transformation of raw materials into finished goods, typically including both labor and manufacturing overhead.