Which of the Following Is Not One of the Disadvantages

question 41

Multiple Choice

Which of the following is not one of the disadvantages of air carrier over other modes of transportation?

• A) Very high cost.
• B) Location of large airports limits shipping points.
• C) Seasonal availability.
• D) Cannot be used for large, bulky, or hazardous shipments.
• E) None of the above.

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Definitions:

Asset Cost

The total amount incurred to acquire an asset, including purchase price and all expenditures necessary to bring the asset to its intended use.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is used globally to prepare public company financial statements.

ASPE

ASPE stands for Accounting Standards for Private Enterprises, a set of accounting practices and standards for private companies in Canada.