The cost-plus pricing approach is emphasized by price-setters
Indicate whether the statement is true or false
TRUE
Business
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All salespeople who work for Lennox Industries are paid a percentage of their individual sales, and there is no guaranteed minimum pay. What type of plan does Lennox use?
a. straight commission b. bonus c. combination pay d. salary plus drawing account
Business
The donation of real estate for public use is:
a. reverse condemnation b. eminent domain c. dedication d. escheat
Business