Which One of the Following Is a Financial Planning Method

question 9

Multiple Choice

Which one of the following is a financial planning method wherein some account values vary in relation to expected sales?

• A)common size approach
• B)linear method
• C)percentage of net income method
• D)adjusted sales method
• E)percentage of sales approach

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Definitions:

Nonprice Factors

Aspects of a product or service that affect consumer choice other than price, such as quality, brand reputation, or convenience.

Oligopolistic Competition

An economic system where a few large corporations control the market, resulting in restricted competition.

Price Competition

A market situation in which competitors attempt to outdo each other on price, as opposed to features, benefits, or services.

Pure Monopoly

A market structure where a single company or entity exclusively supplies a product or service, facing no competition.