Which of the Following Wholesaler's Channel Functions Is Demonstrated When

question 135

Multiple Choice

Which of the following wholesaler's channel functions is demonstrated when a wholesaler holds inventories and thereby reduces inventory holding costs and risks of suppliers and customers?

• A) financing
• B) transporting
• C) buying and assortment building
• D) warehousing
• E) bulk breaking

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Definitions:

LIFO

Last In, First Out, an inventory valuation method where the goods last added to inventory are the first to be sold.

Periodic

Pertaining to or occurring at regular intervals.

Perpetual Basis

An approach or method without a predetermined end date, continuing indefinitely.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated by dividing current assets by current liabilities.