Which Three of the Following Are Possible Risks During the Specific

question 96

Multiple Choice

Which three of the following are possible risks during the specific transaction of delivering goods?

• A)Goods may be released from warehouse for unauthorized orders.
• B)Products are shipped without shipping documents being generated.
• C)Goods ordered may not be shipped.
• D)Some shipments may not be billed.

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Definitions:

Competitive Industry

An industry where numerous firms compete against each other to sell similar products or services.

Output Level

The quantity of goods or services produced by a company, industry, or economic sector within a given time period.

Economic Rents

Earnings in excess of the minimum necessary to keep a factor of production in its current use, often associated with restricted supply or monopoly power.

Imperfectly Competitive

A market structure where individual firms have some control over the price of their products due to a lack of perfect competition.