Which of the Following Is Not a Cost-Based Pricing Method

question 25

Multiple Choice

Which of the following is not a cost-based pricing method?

• A)Target costing
• B)Time and materials pricing
• C)Return on assets pricing
• D)Gross margin pricing

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Definitions:

Job Specification

A detailed description of the duties, responsibilities, required qualifications, and reporting relationships of a particular job.

Job Description

A formal account of an employee's responsibilities, duties, and the scope of a particular role.

Job Specifications

A detailed description of the qualifications, skills, and experience required to perform a job.

Job Descriptions

Official documents that outline the duties, responsibilities, and qualifications required for a specific job position.