Some Companies Decide to Avoid Carriers and 3PLs and Retain

question 39

Multiple Choice

Some companies decide to avoid carriers and 3PLs and retain a __________ for their shipping needs.

• A) private fleet
• B) unlabeled carriers
• C) government asset
• D) 4PL

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Definitions:

GAAP's Goals

The objectives of Generally Accepted Accounting Principles, which include ensuring the reliability, consistency, and comparability of financial reporting.

Financial Statements

Documents that provide an overview of a company's financial condition, including income statement, balance sheet, and statement of cash flows.

Pro Forma Numbers

Financial data that projections or estimates are based on, often used to show potential financial performance.