Which of the Following Statements Is a Difference Between Wholesalers

question 15

Multiple Choice

Which of the following statements is a difference between wholesalers and retailers?

• A) Wholesalers use purchased goods to incorporate into other products,while retailers seek to achieve goals other than the standard business goals of profit.
• B) Wholesalers account for the greatest volume of purchases of any customer category,while retailers buy business products and resell them to business customers.
• C) Wholesalers sell mostly to retailers and other organizational customers,while retailers sell mainly to final consumers.
• D) Wholesalers are often known as original equipment manufacturers,or OEMs,while retailers are often known as buying centers.

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Definitions:

Direct Method

In cost accounting, a method to allocate service department costs directly to producing departments without considering services rendered between service departments.

Net Cash

The amount of cash available after all cash inflows and outflows have been accounted for.

Operating Activities

Transactions and events related to the primary business operations, including the production, sales, and delivery of a company's products and services.

Financing Activities

Transactions that involve raising capital or repaying investors, such as issuing equity or taking on new loans.