Which of the Following Is Not a Source of Income

question 57

Multiple Choice

Which of the following is not a source of income for international freight forwarders?

• A) payment for freight pick up and delivery
• B) buying space wholesale and selling it retail
• C) commissions on shipping revenues generated for carriers
• D) fees for document preparation and performing research
• E) all of the above are sources of income

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Definitions:

Warehouse Inventory

Encompasses the goods and materials held in a storage space awaiting further distribution or sale, essential for managing supply chain efficiency.

Pipeline Inventory

Inventory that is currently in transit between locations or stages in a supply chain. It represents goods that are not yet available for sale or use.

Periodic Review System

A system of inventory control where the inventory levels are reviewed at fixed intervals to determine the reorder quantity.

Order Up To Level

A replenishment strategy where inventory is restocked to a predetermined level each time an order is placed to maintain stock availability.