Indicate whether the following statements are TRUE or FALSE. Choose the answer and write only 'true' or 'false' next to the question number (3.1-3.9) on the attached ANSWER SHEET. 3.1 3.2 3.3 3.4 A manufacturing business normally uses the cost plus pricing technique. A job description is a statement of the duties and responsibilities of a specific job. A cash register cannot be linked to computer software packages. Financial contributions received from friends and relatives are not a form of equity financing. Services rendered are normally charged per hour. 3.5 3.6 Your cash flow requirements are not the same each month. 3.7 One would place necessities and staple goods at the rear of the retail store. 3.8 3.9 Specialty products are identified by a strong brand name. An effective pricing technique when new products are introduced to the market is the skimming technique. (9 x 2) [18]
