Which One of the Following Does Not Encourage Price Leaks

question 14

Multiple Choice

Which one of the following does not encourage price leaks?

• A) cash discounts for prompt payment
• B) the cost of carrying accounts payable
• C) freight expenses
• D) cooperative advertising allowances

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Definitions:

Series-Completion

A cognitive task where individuals must identify the missing part in a sequential pattern.

Mental Set

A psychological tendency to approach situations in a certain way based on previous experiences and context, which can sometimes inhibit problem-solving.

Functional Fixedness

A mindset that limits an individual's use of an object to its conventional purpose alone, inhibiting their capacity for innovation and solving challenges.

Functional Fixedness

A cognitive bias that limits a person's ability to use an object only in the way it is traditionally used, hindering problem-solving.