The Two Forms of Cost-Plus Pricing Are

question 266

Multiple Choice

The two forms of cost-plus pricing are

• A)cost-plus-fixed-fee pricing and cost-plus-variable-fee pricing.
• B)cost-plus-ROI pricing and cost-minus-ROI pricing.
• C)target return on sales pricing and target return on investment pricing.
• D)cost-plus-percentage-of-cost pricing and cost-plus-fixed-fee pricing.
• E)dynamic pricing and flexible pricing.

Understand the fundamental criteria that qualify an instrument as negotiable.

Identify the impacts of discrepancies in the numeric and written amounts in a negotiable instrument.

Recognize the legal framework governing commercial paper, including relevant sections of the Uniform Commercial Code (UCC).

Distinguish between the various types of negotiable instruments and their specific functions.