Between 2000 and 2017, U

question 18

Multiple Choice

Between 2000 and 2017, U.S. spending on 3PL service increased by:

• A) $81 billion
• B) $91 billion
• C) $100 billion
• D) $116 billion

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Definitions:

Medical Insurance

A policy that covers the cost of an insured individual's medical and surgical expenses, either directly paid to the healthcare provider or reimbursed to the insured.

Federal Income Taxes

Federal government-imposed charges on the yearly earnings of individuals, corporations, trusts, and other legal entities.

Net Income

What a business earns in profit once every cost and tax is deducted from its revenue.

Bonus Plan Expense

Costs associated with incentive-based compensation programs designed to reward employees for their performance.