ABX Is Acquiring Additional Current Assets

question 331

Multiple Choice

ABX is acquiring additional current assets. Which of the following costs will increase as a result of the acquisition of the additional current assets?

• A) Carrying.
• B) Shortage.
• C) Order.
• D) Safety.
• E) Trading.

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Definitions:

AT&T

An American multinational conglomerate holding company that provides telecommunications, media, and technology services globally.

Monopoly

The exclusive possession or control of the supply of or trade in a commodity or service by a single company or group.

Mass Mediums

Channels or technologies used to deliver content to a large audience, such as television, radio, newspapers, and the internet.

Telegraph

A system for transmitting messages from a distance along a wire, especially one creating signals by making and breaking an electrical connection.