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:

Parent

A corporation that owns more than 50% of the voting stock of another company, making the latter its subsidiary.

Subsidiary

A company that is controlled by another company, known as the parent company, through ownership of more than half of its voting stock.

Outstanding Bonds

Bonds issued by a company or government that are currently held by investors and have not yet been repaid.

Consolidated Statement

A combined financial representation of a parent company and its subsidiaries, showcasing the total assets, liabilities, equity, income, expenses, and cash flows of the entire group.