Which of the Following Statements About Geographical Adjustments to Price

question 268

Multiple Choice

Which of the following statements about geographical adjustments to price is most accurate?

• A)In FOB origin pricing,the seller selects the mode of transportation.
• B)In FOB with freight-allowed pricing,the seller must pay for all transportation costs.
• C)Multiple-zone pricing is sometimes referred to as "spider web" pricing.
• D)Basing-point pricing methods have been used in industries where freight expenses are a significant part of the total cost to the buyer.
• E)Geographical adjustments can be subject to government regulation if the firm cannot supply objective data (lists of mountains,rivers,weather conditions,etc. )explaining why those adjustments need to be made.

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Definitions:

Pictorial Illusionism

The art technique used to create the illusion of three-dimensionality on a two-dimensional surface.

Picasso and Braque

Picasso and Braque were pivotal figures in the development of Cubism, an artistic movement that revolutionized European painting and sculpture in the early 20th century by introducing new concepts of perspective and representation.

Still Life with Chair-Caning

A work by Pablo Picasso that integrates oil painting and collage, notable for its use of unconventional materials and as a precursor to Cubism.

Synthetic Cubism

A later phase of Cubism, in which paintings and drawings were constructed from objects and shapes cut from paper or other materials to represent parts of a subject, in order to engage the viewer with pictorial issues, such as figuration, realism, and abstraction.