Which of the Following Statements Is True of a Bundled

question 39

Multiple Choice

Which of the following statements is true of a bundled price?

• A)It is simpler for a firm to administer than pricing each element separately.
• B)It is preferable when consumers are willing to pay "extra" for every part of the service.
• C)It is a pricing strategy where customers pay only for the service elements they use.
• D)It is a pricing strategy that does not apply for services.

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Definitions:

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board that guide the financial reporting of companies globally.

Rise

An increase in a metric or quantity, often used in financial contexts to indicate growth or upward movement in value.

IFRS

International Financial Reporting Standards, a set of accounting rules prescribed for financial reporting on an international level.

U.S. GAAP

U.S. GAAP, or United States Generally Accepted Accounting Principles, is a collection of accounting standards and procedures for companies to follow when compiling their financial statements in the U.S.