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  1. Topics
  2. Business
  3. Cost Accounting A Managerial Emphasis Study Set 1
  4. Quiz 12: Pricing Decisions, Product Profitability Decisions, and Cost Management

Relevant Pricing Information for the Short-Run and Long-Run Should Be

Question 5
True False

Relevant pricing information for the short-run and long-run should be the same.

Related questions
Q 6
The three major influences on pricing decisions are A)competition, costs, and customers. B)competition, demand, and production efficiency. C)continuous improvement, customer satisfaction, and a dual internal/external focus. D)variable costs, fixed costs, and mixed costs. E)economic, qualitative, and costs.
Q 7
Pricing for one-time-only special orders is, typically A)a pricing decision using the time horizon. B)a short-run decision. C)a long-run decision. D)higher in variable costs than usual. E)based on fixed costs alone.
Q 8
Target pricing is based on A)engineered cost. B)variable manufacturing and nonmanufacturing costs. C)full product cost. D)what customers are willing to pay. E)full manufacturing cost.
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