Some Customers Encourage the Use of ________ by Paying More

question 92

Multiple Choice

Some customers encourage the use of ________ by paying more attention to supposed price discounts than to the actual prices (and values) .

• A)unchanging list prices
• B)basic list prices
• C)phony list prices
• D)fair trade prices
• E)fix prices

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Definitions:

Net Pay

The amount of an employee's income after all deductions like taxes, insurance, and retirement contributions have been subtracted.

Social Security

A government program that provides financial assistance to people with inadequate or no income, such as the elderly, disabled, and survivors.

Medicare Tax

A federal tax that funds Medicare, health insurance for individuals over 65; deducted from employees' paychecks.

Payroll Tax Expense

Taxes that employers are required to pay on behalf of their employees, such as social security and Medicare taxes.