Which of the Following Is True of a Company That

question 95

Multiple Choice

Which of the following is true of a company that views prices as an active instrument of accomplishing marketing objectives?

• A) The company sets prices to achieve specific objectives.
• B) The company follows market prices to achieve specific objectives.
• C) The company exports only excess inventory.
• D) The company views its export sales as an insignificant source of revenue.
• E) The company places a low priority on foreign business.

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Definitions:

Adjustments

Entries made in journal accounts at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.