What Is It Called When a Logistics Manager Combines Several

question 14

Multiple Choice

What is it called when a logistics manager combines several unitized loads into a standard shipping box?

• A) shipping optimization
• B) consolidation
• C) containerization
• D) palletization

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Definitions:

Unearned Revenues

Unearned revenues refer to money received by a company for goods or services that have not yet been provided to the customer.

Liability

A financial obligation or debt owed by an individual or company to another entity, requiring the transfer of resources at a future date.

Credits

An accounting entry that increases liabilities or equity or decreases assets on a company's balance sheet.

Debits

Debits are accounting entries that increase asset or expense accounts, or decrease liability, equity, or revenue accounts, typically noted on the left side of accounting ledgers.