The authority for establishing selling prices normally resides with which of the following?

Question

Quizplus · Accepted Answer

The sales department usually has the authority for establishing selling prices as they are directly responsible for generating revenue and achieving sales targets. Upper management may also have a say in the pricing strategy, but the sales department is typically the primary decision-maker. The treasurer, controller, and credit department are not typically involved in setting selling prices.

The Authority for Establishing Selling Prices Normally Resides with Which