Claxton Bakery Recently Began Selling Its Fruitcakes Online

question 37

Multiple Choice

Claxton Bakery recently began selling its fruitcakes online.If Claxton wants a simple pricing system that allows for different shipping charges depending on geographic segment or region,the company should use _____ pricing.

• A) two-part
• B) uniform delivered
• C) freight absorption
• D) flexible
• E) zone

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Definitions:

Retainer Fee

A payment made in advance to hire or retain professional services, ensuring availability over a specific period.

Earned

Income or revenue that has been generated from business activities or investments, substantiated by the delivery of goods or services.

Adjustment

A modification or change made to financial records or statements to correct an error or reflect more accurately the financial position.

Accrued Revenues

Revenues that have been earned by providing goods or services but have not yet been received or recorded in the accounting records.