Marketing 10 Module I

MODULE TEST

A. On the blank before each number, write the word/ that wouldbest complete each of the given statements.

________1. Expenses incurred in the process of coursing foods from point of production or purchase to the point of sale are referred to as_____

________2. Selling, advertising and transportation expenses are referred to as _____costs.

________3. Salaries, rent, and interest expenses are examples of _______accounts.

________4. The financial statement that contains the costs incurred in the business operation for a given period of time is the ______ statement.

________5. At least five elements involved in the distribution process that should be subjected to cost analysis are:_______ products, distribution channels, territories, and customers.

________6. In making decisions related to distribution, the fourth factor that has to be taken into account, in addition to the following: corporate image, reputation, marketing strategy, and _____

________7. The distribution cost system that necessitates a system of budgetary control is the cost system.

________8. The report drawn from an analytical study that reflects the extent of efficiency or inefficiency operation is the _____ report.

________9. The annual standard distribution cost, divided by the related units of measurement, results in ______the rate.

________10. If the annual standard distribution cost for rent is P28,000.00 for 7,000 sq. meters of floor space, the standard cost rate is_____

B. Briefly explain the following. (5 points each)

1. The nature ofdistribution cost analysis.

2. The importance of distribution cost analysis.

3. The important information that distribution cost analysis will reveal.

4. The standarddistribution cost system.