The Cost-Plus Pricing Approach's Major Advantage Is

question 41

Multiple Choice

The cost-plus pricing approach's major advantage is

• A)it considers customer demand.
• B)that sales volume has no effect on per unit costs.
• C)it is simple to calculate.
• D)it can be used to determine a product's target cost.

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Definitions:

Meeting Minutes

The official written record of what was discussed and decided during a meeting, including actions and resolutions.

Comprehensive

Including all or nearly all elements or aspects of something; thorough.

Field Report

A document detailing observations, activities, and findings from research or operations conducted outside of a traditional office or laboratory setting.

Typical

describes something that represents the usual or expected characteristics of a particular group, category, or situation.