Compared to Other Modes of Transportation,motor Carriers Provide the Advantage

question 9

Multiple Choice

Compared to other modes of transportation,motor carriers provide the advantage of:

• A)low variable operating costs.
• B)flexibility of point-to-point service.
• C)energy efficiency.
• D)low variable operating costs and flexibility of point-to-point service.
• E)flexibility of point-to-point service and energy efficiency.

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Definitions:

Unrealized Gains and Losses

Increases or decreases in the value of investments that have not been sold, thus not yet resulting in actual profit or loss.

IFRS 11

An International Financial Reporting Standard that deals with accounting for interests in joint arrangements, requiring parties to recognize their rights and obligations.

Non-Monetary Assets

Assets that are not in the form of cash or cannot be easily converted to cash, such as property, plant, and equipment.

Proportionately Adjusted Income Statement

An income statement where the figures reflect the proportional share of joint ventures or associates in a company's earnings.