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Firms Often Outsource Logistics Functions to Third-Party Logistics Providers (3PL)

question 23

True/False

Firms often outsource logistics functions to third-party logistics providers (3PL) because of their expertise and ability to provide cost savings to the firm.


Definitions:

Adjustments

Entries made in journal accounts at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.

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