Delayed-Quotation Pricing

question 10

Multiple Choice

Delayed-quotation pricing:

• A) requires the seller to place a later date on the product invoice to help accounts receivable in recording transactions.
• B) allows the final selling price to reflect cost increases incurred between the time the order is placed and the final delivery takes place, often over a period of years.
• C) prevents the competitor from submitting an earlier bid.
• D) requires a seller to submit a bid after the closing date.
• E) is also known as price-shading bidding.