Daniel Is Going Through the Checkouts at His Local Maritime

question 133

Multiple Choice

Daniel is going through the checkouts at his local Maritime area Sobeys grocery store when he notices anew flavor of Trident gum. This is an example of a(n) :

• A) gratuitous purchases
• B) impulse items
• C) routine purchases
• D) loss leaders
• E) convenience items

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Definitions:

Cost Variance

The difference between the actual cost incurred for a particular activity or production and its standard or budgeted cost.