Which of the Following Services Essentially Defines the Role of Fourth-Party

question 2

Multiple Choice

Which of the following services essentially defines the role of Fourth-party logistics providers (4PL) ?

• A) Freight consolidation and distribution
• B) Oversee clients' logistics activities on both the supply and demand sides of the business while outsourcing the physical operations
• C) Cross-docking and in- and out-bound shipment management
• D) Freight bill payment, auditing, and production packaging

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Definitions:

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.

Balance Sheet

A financial statement that provides an overview of a company's assets, liabilities, and shareholders' equity at a specific point in time.

Income Statement

A financial document that shows a company's revenues and expenses over a specific period, illustrating profitability.

Working Capital Ratio

The amount of current assets that would remain if all a company’s current liabilities were paid immediately; total current assets / total current liabilities.