A Disadvantage of Using Large, Established Mail-Order Companies Is That

question 151

Multiple Choice

A disadvantage of using large, established mail-order companies is that ____.

• A) they usually cost more
• B) the medical office has less control over orders
• C) the quality of the product is generally inferior
• D) the delivery time is unpredictable
• E) they may be out of stock on many items

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Definitions:

Compounded Options

Compounded options are not a standard financial term, suggesting a mix-up or confusion with terms related to compound interest or options trading. NO.

GICs

In Canada, Guaranteed Investment Certificates represent an investment option guaranteeing a fixed return rate over a certain time frame.

Annually

Happening annually or pertaining to a timeframe of one year.

Effective Interest Rate

The actual interest rate that a borrower pays or earns on a loan or investment, taking into account the effect of compounding.