Which of the Following Statements Is an Example of Good

question 128

Multiple Choice

Which of the following statements is an example of good communication in logistics?

• A)disintermediation
• B)selective distribution
• C)reverse logistics
• D)forward integration
• E)order status reports

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Definitions:

Net Income

The total profit of a company after all expenses, taxes, and costs have been deducted from total revenues.

Sales Discounts

A promotional strategy where the seller reduces the price of products or services to attract more customers or encourage quick payment.

Sales Tax

A percentage of the selling price of goods and services, collected by sellers and remitted to the appropriate tax authority.

Liability Account

An accounting record that captures the amounts a company owes to others.