A company that is looking to maximize its market share would do well to follow ________ pricing

Which of the following is not a characteristic of group insurance?

A) Benefits are individually selected by the employee. B) One master contract is provided to the employer. C) For larger employer groups, there is no medical exam required for coverage. D) Group insurance premiums are lower than comparable individual coverage.

To guide cost allocation decisions, the fairness or equity criterion ________

A) considers reasonableness as a matter of judgment rather than an operational criterion B) allocates cost among the beneficiaries in proportion to the benefits each receives C) is used more frequently than any other criteria D) is the primary criterion used in activity-based costing