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    Institute of Internal Auditors (IIA)
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    Exam 5: Business Analysis and Information Technology
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    The First Step in Determining Product Price Is
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The First Step in Determining Product Price Is

Question 248

Question 248

Multiple Choice

The first step in determining product price is:


A) Determining the cost of the product.
B) Developing pricing objectives.
C) Evaluating prices set by the competitors.
D) Selecting a pricing method.

Correct Answer:

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