問題一覧
1
Indicates value of a commodity or service in the form of money
Price
2
The product is _____ when it lasts 3 years or longer
Durable
3
Types of manufactured products
Durable, Non-durable
4
These are expenses on building, machines, maintenance, salaries, office costs, selling cost, and financial cost
Indirect cost
5
TC
Total cost
6
UP formula (1)
UCP + TPP
7
Are intangible products that are not goods (tangible products), such as accounting, banking, cleaning, consultancy, education, insurance, know how, medical treatment, transportation
Services
8
Result of the input and process in the form of money
Productive
9
Php 9.95 instead of Php 10.00
Posting
10
These are partially completed products requiring further processing including sets of unfinished goods for production process
Work-in-process inventory (wipi)
11
A ________ on daily, weekly, monthly, quarterly, and yearly basis would help to feed information as basis of parallel consumption of the materials
Production chart
12
Are salaries or wages plus additional costs as payment or incentive on overtime works, social security, annual, and sick leaves of workers
Staff cost
13
Total revenue represents?
Income
14
UP
Unit price
15
UCP
Unit cost of product
16
It is used to show how much stock you have at any one time
Stock control
17
Is common to the new entrepreneurs, doing it in order to establish market and build up more customers
Penetration market
18
Pricing strategies
Value-based pricing, Posting, Value pack, Cost-plus-pricing method, High price approach, Penetration market, Free tasting, Result pay scheme
19
Two types of costs
Direct cost, Indirect cost
20
Also known as overhead expenses
Indirect cost
21
VCP
Volume cost of product
22
______ analysis is used as an instrument or tool to solve managerial problems helpful among business leaders and economists
Break-even
23
VP formula
UCP + VTP × Quantity
24
Is an itemized catalog or list of tangible goods or property, or the intangible attributes or qualities
Inventory
25
Is a part of the pricing system wherein the government becomes alert against those who are abusing and making unreasonable prices
Pricing strategy
26
Total cost represents?
Expenses
27
Refers to an outline or model of one thing
Pattern
28
Refers to the step by step manner of operation making product from raw materials into finished outputs
Process
29
Is a comparatively large stock of essential goods or materials, build up to withstand long holdups or scarcity due to natural calamities, strikes, or war
Stockpile
30
Stock control is also known as ______
Inventory control
31
The product is _____ if it lasts less than 3 years
Non-durable
32
TP
Target profit
33
Is a type of business that has no product but purely services
Services
34
The use of __________ is a good strategy to control records of stocks of goods and materials
Stock card
35
Products like fruits and vegetables are called
Grown products
36
A payment and expenditure made for the production or service that becomes part of the product like acquisition of raw materials and salaries/wages of the workers
Direct cost
37
Represents the difference between what is paid for the merchandise and its end price to the clients
Mark-up
38
Sum of other expenses or cost generated from the business
Indirect cost
39
OE
Operating expenses
40
TR
Total revenue
41
Is an approach or method used in business
Strategy
42
The _______ are referring to those items needed in running a business and better known as overhead expenses
Indirect cost
43
Products like bags, clothes, shoes are called
Manufactured products
44
Sampling approach
Free tasting
45
The _____ refers to the item which becomes part of the products or services comparing material cost, wages, and benefits
Direct cost
46
Products like foods, cans are called
Processed products
47
VTP
Volume target profit
48
These are the final outputs of production ready for delivery to the market or customers
Finished-goods inventory
49
Stock card for collective inventory record of all the files of stock card
Stock card 2
50
Setting up price targeting specific profit
Cost-plus-pricing method
51
Price increases when there are evident results (customers are willing to pay)
Value-based pricing
52
Are the inventory itself in various forms
Stocks
53
Process of making or manufacturing goods
Production
54
3 types of inventories
Raw-materials inventory (rmi), Work-in-process inventory (wipi), Finished-goods inventory
55
These are stockpile of materials for inputs of production
Raw-materials inventory (rmi)
56
Pricing scheme
Percentage allocation approach (paa), Average mark-up approach (ama)
57
Represents form of payment
Cost
58
A payment of interest for the duration of the loan
Capital cost
59
Trial method of products
Result pay scheme
60
VP
Volume price
61
Is a complete process of obtaining goods and services from preparation and processing of a requisition to receipt and approval of the invoice for payment
Sourcing
62
TPP
Target profit in percent
63
Mixture of clustered products with varied prices in one pack or bag
Value pack
64
All materials needed both for direct manufacturing and those needed for the functioning of the business
Material cost
65
Aiming to set quality and status, also called as prestige strategy (limited edition goods)
High price approach
66
Ia an approach or strategy that checks and balance resources needed in the continuous operation of the business
Control
67
Are stocks of goods and materials available for production or manufacturing
Inventories
68
Stock card for itemized inventory record per item or individual
Stock card 1