Which of the Following Are Advantages of Block Chains

question 8

Multiple Choice

Which of the following are advantages of block chains?

• A)Elimination of the middleman
• B)Increased transparency in supply chain operations
• C)Ability to track data on advertising
• D)All of the above

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Definitions:

Markdown

A reduction from the original selling price of products or services, often used to clear inventory or boost sales.

Liquidity Reduction

A decrease in the ease with which assets can be converted into cash without significant loss in value.

Cost of Goods Sold

An accounting term representing the direct expenses related to producing or purchasing the goods sold by a company during a given period.

Amortization

The process of gradually paying off debt over a period of time through scheduled, pre-determined payments.