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DECA 76-90

QuestionAnswer
Accrual Accounting Method journalize income and expenditures at the time they occur even if no money changes hands at that time
Cash Accounting Method record income and expenditures at the time the money changes hands
Managerial Accounting reporting financial data to internal users
Tax Accounting recording transactions for tax purposes
Churning broker may encourage you to make excessive trades just to collect the commission fees from each one
Skimming price strategy that involves setting prices higher than those of the competition
Bundling marketing strategy that involves offering several products for sale as one combined product
Flighting Strategy media timing strategy that concentrates advertising during peak sales periods followed by periods of no advertising
Transfer Payments monies paid by the government in which no goods or services are received in exchange
Floating Exchange-Rate System value of a nation's currency fluctuates
Law of Economies of Scale economic concept that the average cost of production decreases as a business expands
Picketing form of protest that involves positioning union members (pickets) near a business's entrance during a conflict or strike
Injunction court order that forbids people from carrying out certain activities
Lockout management refuses to allow union members to work
Direct Distribution channel of distribution in which goods and services move directly from the producer to the consumer or industrial user
Created by: rileycc
 

 



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