All of the Following but One Represent Collections for Third

question 14

Multiple Choice

All of the following but one represent collections for third parties. Which one of the following is not a collection for a third party?

• A) Sales tax payable.
• B) Customer deposits.
• C) Employee insurance deductions.
• D) Social security taxes deductions.

---

Definitions:

Price Sensitivity

The degree to which the price of a product or service affects consumers' purchasing decisions or demand for the product.

Markup Pricing

A pricing strategy where a fixed percentage is added to the cost of a product to determine its selling price.

Price Sensitivity

The degree to which the price of a product affects consumers' purchasing behaviors, reflecting their responsiveness to price changes.

Shrinkflation

A business practice where the size or quantity of a product is reduced while its price remains the same or is increased, effectively elevating the price per unit.