What Is a Warehouse Receipt

question 15

Multiple Choice

What is a warehouse receipt?

• A)A receipt received by a warehouse after the bailor has retrieved the bailed goods and payment has been made.
• B)A document of title issued by a warehouse company stating that the bailor has title to the bailed goods.
• C)A certificate of authenticity issued by a warehouse stating that it is certified to hold bailed goods.
• D)An inventory list provided to the warehouse company by the bailor of the bailed goods.

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Definitions:

Durian Juice Concentrate

A thick liquid made by removing most of the water from durian fruit juice, used as a base in food products and beverages.

Variable Production Cost

Costs that vary in direct proportion to changes in levels of production, such as materials and labor directly involved in manufacturing.

External Suppliers

Companies or individuals outside a company that provide goods or services to the company.

Performance Reports

Documents or dashboards that summarize and analyze an organization's performance against its goals or benchmarks.