Which of the Following Is True About Price Deals as a Form

question 75

Multiple Choice

Which of the following is true about price deals as a form of consumer promotion? 

• A) Customers are offered regular trial sizes of the product either free or at a nominal price.
• B) Customers are offered discounts from the product's regular price.
• C) Additional amounts of the product are given to buyers on each purchase.
• D) Customers are given reimbursements for purchasing the product through mails.

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Definitions:

Owner's Equity

Owner's equity represents the owner's claims to the assets of a business after all liabilities have been subtracted.

Consuming Services

Refers to the use of services by individuals or companies leading to their consumption or depletion over time.

Debits

Entries on the left side of an account ledger, indicating an increase in assets or expenses or a decrease in liabilities, equity, and revenue.

Credits

Accounting entries that increase liabilities or equity or that decrease assets, representing the opposite of debits.