Click It, Inc. Travis Is a Salesperson for Click It, Inc. Click It

question 86

Multiple Choice

Click It, Inc.
Travis is a salesperson for Click It, Inc. Click It does not sell products with its own brand nam
However, because Click It had been concerned about dropping sales, management listened to Travis's concerns about the company's pricing. He suggested using a different pricing strategy. More specifically, he felt that the company should incorporate a multiple-unit pricing strategy because it would then allow Click It to set a single price for multiple units. This had the potential of increasing sales and therefore profits, so management agreed to consider Travis's suggestion.
-Refer to Click It, Inc. The multiple-unit pricing strategy suggested by Travis is a(n) ____ strategy.

• A)new product
• B)psychological
• C)equilibrium
• D)promotional
• E)place

Learn how to utilize query criteria effectively to filter data.

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Definitions:

Adjusted Trial Balance

a listing of all company accounts that will appear in the financial statements after adjustments have been made for errors, omissions, and accruals.

Adjusting Entries

They are adjustments made in journal accounts to record expenses and revenues that have accrued but not yet been recorded through standard accounting transactions.

Vertical Analysis

A financial statement analysis method where each entry for each of the three major categories (assets, liabilities, and equity) is represented as a proportion of total value.

Financial Statement

A formal record of the financial activities and position of a business, individual, or other entity, typically comprising the balance sheet, income statement, and cash flow statement.