With Regard to Participants in Transportation of Goods and Services,which

question 89

Multiple Choice

With regard to participants in transportation of goods and services,which of the following statements is true?

• A)Infrastructure owners focus on maximizing the return on their investments.
• B)The shipper focuses on maximizing the total landed cost.
• C)The purchaser of transportation focuses on obtaining services at the highest possible costs.
• D)The primary firm may not use any transportation with a view to reducing cost of operations.

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Definitions:

Depreciation Expense

Depreciation Expense is the allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, obsolescence, or other decline in value.

Net Income

The ultimate earnings of a company once total revenues are reduced by operating expenses, taxes, and all other costs.

Accounts Receivable

Accounts receivable is the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Current Asset

Resources anticipated to be changed into cash, disposed of, or used up either within a year or over the course of the business's usual operational cycle, depending on which timeframe extends further.