Of the Three Parties Involved in the Distribution Process, ________

question 14

Multiple Choice

Of the three parties involved in the distribution process, ________ are responsible for physically transporting the goods.

• A) shippers
• B) brokers
• C) agents
• D) carriers
• E) consignees

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Definitions:

Interest Expense

The cost incurred by a company for borrowing funds, represented as the interest payments made on any borrowed capital.

Operating Income

Earnings before interest and taxes (EBIT), calculated by subtracting operating expenses from gross profit.

Operating Cycle

The average time period between purchasing goods for inventory and receiving cash from selling those goods.

Accounts Receivables

Sums due to a company from its customers for products or services rendered but not yet compensated for.