Departments or Managers That Have an Influence on Pricing Include

question 94

Multiple Choice

Departments or managers that have an influence on pricing include sales managers, finance managers, accountants, and ________.

• A) engineering managers
• B) human resources managers
• C) production managers
• D) customers
• E) resellers

---

Definitions:

Opportunity Cost

The potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

Opportunity Cost

The foregone benefit that would have been derived by an option not chosen.

Alternative Action

Potential different courses of action considered in a decision-making process.

Processed Further

A term used in cost accounting to describe materials or products that are subjected to additional operations or stages of processing beyond the initial production stage.