Reusing, Recycling, Refurbishing, or Disposing of Broken, Unwanted, or Excess

question 155

Multiple Choice

Reusing, recycling, refurbishing, or disposing of broken, unwanted, or excess products returned by consumers or resellers is known as ________.

• A) cross merchandising
• B) reverse logistics
• C) disintermediation
• D) diverse logistics
• E) inbound logistics

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Definitions:

Available-for-sale

This is a classification for investments that a company plans to sell but are not actively traded, with changes in value reported in other comprehensive income.

Unrealized Gain

A profit that has occurred on paper due to an investment's increased value but has not yet been realized through a sale.

Market Value

The estimated worth or price at which an asset would trade in a competitive auction setting.

Accounting

The systematic process of recording, analyzing, and reporting financial transactions of a business or individual.