A(n)_____ Is a Global Intermediary That Brings the Buyer and Seller

question 106

Multiple Choice

A(n) _____ is a global intermediary that brings the buyer and seller together.

• A) buyer for export
• B) export agent
• C) license agent
• D) import agent
• E) export broker

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Definitions:

Accelerated Depreciation

A depreciation method that allocates larger amounts of the cost of an asset to the earlier years of its useful life.

Depreciation Expense

The allocated portion of the cost of a fixed asset that is written off each year over the asset's useful life.

Straight-line Method

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.

Salvage Value

The projected remaining worth of an asset upon reaching the end of its serviceable duration.