In a Direct Channel, All Channel Functions Are Performed By

question 166

Multiple Choice

In a direct channel, all channel functions are performed by:

• A)wholesalers.
• B)retailers.
• C)brokers and agents.
• D)producers.

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Definitions:

Perpetual Inventory System

An accounting method where inventory records are updated continuously as transactions occur.

Inventory Shrinkage

The loss of products due to factors like theft, damage, or error, which leads to a discrepancy between recorded inventory and actual stock.

Lost Or Stolen Goods

This term refers to inventory items that are missing due to theft or misplacement and represent a loss to the business.

Sales Returns and Allowances

A reduction in sales revenue that occurs when customers return products or receive discounts for unsatisfactory goods.