Yield Management Pricing Is a Form of

question 118

Multiple Choice

Yield management pricing is a form of

• A)target pricing.
• B)loss-leader pricing.
• C)flexible pricing.
• D)customary pricing.
• E)price lining.

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Definitions:

Creditor Balances

The amounts owed by a business to its creditors, representing liabilities for goods, services, or loans provided to the business.

Cash Payments Journal

An accounting ledger that tracks all cash outflows or payments made by a business.

Revenue Journal

A specialized accounting journal used to record all sales transactions of a business, tracking the inflow of revenue.

Adjusting Journal Entries

Entries made in accounting records at the end of an accounting period to allocate income and expenditures to the correct period.