A Characteristic of a Fixed Asset Is That It Is

question 212

Multiple Choice

A characteristic of a fixed asset is that it is

• A) intangible
• B) used in the operations of a business
• C) held for sale in the ordinary course of the business
• D) a short-term investment

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Definitions:

Demand-Oriented

A pricing strategy where price is set based on the customer's demand for the product or service.

Profit-Oriented

A business approach or strategy primarily focused on generating financial gain and maximizing profit margins.

Target Pricing

A pricing strategy where the selling price is determined based on the estimated price a consumer is willing to pay, rather than on the cost of production or the market average.

Prestige Pricing

A pricing strategy where goods are priced higher than normal to invoke perceptions of quality and exclusivity, aimed at attracting status-conscious consumers.