A. independent revenue approach
B. market based approach
C. cost based approach
D. dependent revenue approach
Correct Answer: cost based approach ✔
Last Updated: May 11, 2023
Related MCQs
- In cost-plus pricing, the ‘plus’ refers to a component named as __________?
- The product costing technique in which markup component is added into cost base, to set a target price is known as __________?
- The process which leads to disassembling and analysis of competitors, operating activities to become acquainted with competitors’ technologies is called __________?
- The practice of seller to charge higher price for same market offering is classified as __________?
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- An income, which a company aims to earn by selling each unit of market offering is classified as __________?
- The kind of cost which on elimination, would not reduce the perceived usefulness that customers can obtain by using the market offering is known as __________?
- The concept, which states that resources are used to meet particular goals is __________?
- An insensitivity of demand in relevance to change in price will be called __________?
- An estimated price, which is expected to be paid by customers for particular market offering is classified as __________?
- The costs that are planned in future and has not been incurred are known as __________?
- If cost is eliminated, then reducing the perceived usefulness that customers can obtain by using the market offering will come under __________?
- The practice by seller, about offering same product at different prices, to the different customers is known as __________?
- A technique, which accumulates and tracks the costs of business function in value chain attributed to each market, offering from R&D to final customer support, is called __________?
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