A Company Can Be Said to Have Used ________ If

question 58

Multiple Choice

A company can be said to have used ________ if the company distinguished business customers buying on the basis of price, service, and quality.

• A) global segmentation
• B) strategic segmentation
• C) macrosegmentation
• D) short-term segmentation
• E) microsegmentation

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Definitions:

Average Cost Retail Inventory Method

An inventory valuation method that determines the cost of ending inventory and cost of goods sold based on the average cost of all similar items in the inventory.

Cost-to-retail Percentage

A method used in inventory valuation that compares the cost of goods to their retail price to calculate inventory value.

Purchases Returns

Goods returned by the buyer to the supplier due to defects, damage, or other reasons, which can reduce the total amount of purchases.

Retail Inventory Method

An accounting technique used in retail to estimate the ending inventory value based on the relationship between the cost and selling price of goods.