A limitation of revenue-oriented pricing is that it does not focus on maximizing the surplus of income over costs.
*Revenue-oriented pricing (also known as profit- oriented pricing or cost based pricing) where the marketer seeks to maximize the profits (i.e. the surplus income over costs) or simply to cover costs and break even.
* It is plan that focuses on increasing company income by maximizing both short and long term sales potential.
*Having a dedicated strategy of this kind is critical, as it is near impossible to grow revenue without a documented plan of action.
The only limitation is it focuses on maximizing the surplus of income over costs.
Learn more about revenue oriented pricing here
brainly.com/question/15417881
#SPJ4
Answer: Debit to warranty payable the actual amount paid out as a result of warranty claims
Explanation: Warranty payable is a provision for estimated warranty claims to be paid. It is a liability account that has a credit balance.
In recording a warranty payable, a debit is made to warranty expenses account and a credit to warranty payable account.
When the actual warranty claim is paid, the warranty payable account is debited while cash or bank account is credited to record the actual amount paid.
Answer:
b. There is no general rule for when an account becomes uncollectible.
Explanation:
Accounts uncollectible are the debts and loans which do not have any chance of being paid. There are many other reasons by which the account becomes uncollectible. The inability of the debtor, the bankruptcy of the debtor and the fraud conducted by the debtor are some of the reasons why accounts become uncollectible.
Answer:
<em>B) contradicts the argument and finds that firms that successfully pursue cost leadership and product differentiation simultaneously can often expect to gain a sustained competitive advantage.</em>
Answer:
Option "C"is the correct answer to the following statement.
Explanation:
The retrospective method effect requires the development of new accounting procedures. In other terms, the retrospective method would affect the reporting of past time financial statements.
In this situation, the company will use the equity method at the place of the Fair-value method for calculating and control over their investment, so the above option is correct.
