Constantly updating prices to reflect changes in supply, demand, or market conditions is a pricing strategy called ________ pricing.

Merchandise inventory is reported in the long-term assets section of the balance sheet.

What is the national standard for perfecting a security interest in an automobile or a boat?

A) Perfection by pledge or perfection by filing
B) Perfection by filing or perfection by possession
C) Automatic perfection or perfection by possession
D) Automatic perfection or perfection by filing
E) No national standard exists for perfecting a security interest in an automobile or a boat.