Figure 14-7 Above Shows the Three Major Types of Special

question 1

Multiple Choice

Figure 14-7 above shows the three major types of special adjustments to list or quoted price."A" represents

• A)demand-oriented price adjustments.
• B)allowances.
• C)geographical adjustments.
• D)discounts.
• E)customary pricing adjustments.

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Definitions:

Incremental Income

The additional income that is generated by increasing sales or production by one additional unit.

Processing Costs

Expenses incurred during the transformation of raw materials into finished products, including labor, materials, and overhead.

Selling Price

The amount of money for which a product or service is sold to the customer, often influenced by production costs, market demand, and competition.

Deluxe

Refers to a superior or luxurious version of a product or service.