A Price Quotation System That Allows the Buyer to Deduct

question 25

Multiple Choice

A price quotation system that allows the buyer to deduct shipping expenses from the cost of purchases is known as _____ pricing.

• A)uniform-delivered
• B)basing-point
• C)freight absorption
• D)FOB plant

---

Definitions:

Pooling

The act of combining resources or assets for a common purpose, often to increase efficiency or achieve a shared goal.

C Corporations

A type of corporation in the United States taxed separately from its owners, offering limited liability protection to its shareholders.

S Corporations

A type of corporation in the United States that meets specific Internal Revenue Code requirements, allowing it to pass income directly to shareholders and avoid double taxation.

Taxed

Subjected to a financial charge or levy imposed by a governmental organization on income, goods, or activities.