With _____, the Export Price Is Set by Adding All

question 25

Multiple Choice

With _____, the export price is set by adding all costs accrued in selling the product to the international market and a gross margin.

• A)rigid cost-plus pricing
• B)flexible cost-plus pricing
• C)dynamic incremental pricing
• D)revenue share pricing
• E)fixed pricing

---

Definitions:

Credit Memo

A document issued by a seller to a buyer, reducing the amount the buyer owes to the seller under previous invoices.

Percent Of Cash Discount

The percentage reduction in price offered for prompt payment of invoices to encourage early settlement of accounts payable.

Normal Credit Balance

The expected or usual balance of a specific account, where liability, equity, and revenue accounts typically have credit balances.

Perpetual Inventory System

An inventory management method where inventory quantities and costs are updated continuously with each sale or purchase.