The practice of seller to charge higher price for same market offering is classified as __________?

Related Mcqs:

1. The practice by seller, about offering same product at different prices, to the different customers is known as __________?

   A. price incurrence
   B. price discrimination
   C. price targeting
   D. price engineering

2. An estimated price, which is expected to be paid by customers for particular market offering is classified as __________?

   A. target price
   B. target cost
   C. outsource price
   D. off shore price

3. The higher plant leasing, higher administrative costs and higher depreciation on equipment and plants are all the factors of _____________?

   A. favorable spending variance
   B. unfavorable spending variance
   C. favorable price variance
   D. unfavorable price variance

4. An income, which a company aims to earn by selling each unit of market offering is classified as ____________?

   A. target operating income per unit
   B. target cost per unit
   C. total current full cost
   D. total cost per unit

5. 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 __________?

   A. product life cycle
   B. life cycle budgeting
   C. life cycle costing
   D. target costing

6. If the actual price input is $500, the budgeted price of input is $300 and the actual quantity of input is 50 units, then the price variance would be __________?

   A. $4,000
   B. $6,000
   C. $8,000
   D. $10,000

7. The technique, which accumulates and tracks revenues of business function in value chain attributed to each market offering from R&D to final customer support is called ___________?

   A. product life cycle
   B. life cycle budgeting
   C. life cycle costing
   D. target costing

8. If cost is eliminated, then reducing the perceived usefulness that customers can obtain by using the market offering will come under _____________?

   A. designed-in costs
   B. locked-in costs
   C. value added cost
   D. non-value added cost

9. 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 ___________?

   A. designed-in costs
   B. locked-in costs
   C. value added cost
   D. non-value added cost

10. If the actual input price is $150 and the budgeted input price is $80, then the price variance will be ___________?

    A. $130
    B. $70
    C. $150
    D. $80