The Pricing Method That Establishes Selling Prices Based on a Specified

question 32

Multiple Choice

The pricing method that establishes selling prices based on a specified rate of return on the assets employed in the operation is

• A)target cost pricing.
• B)return on assets pricing.
• C)time and materials pricing.
• D)gross margin pricing.

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Definitions:

Cultural Bias

The tendency to interpret or judge human behaviors, cultures, or phenomena based on one's own cultural standards.

Deliberate Deception

The intentional act of misleading or tricking someone by providing false information or withholding the truth.

Social Desirability Bias

The tendency of survey respondents to answer questions in a manner that will be viewed favorably by others, often leading to overreporting of positive behaviors and underreporting of negative behaviors.

Response Sets

Response sets refer to a pattern of responding to questions in a particular way irrespective of the content, often leading to biased outcomes in surveys or psychological tests.