Which of the Following Is Essential While Making Price Quotations

question 90

Multiple Choice

Which of the following is essential while making price quotations for international sale?

• A) Price quotations can be made only if it is shown that prices are lower in the importing country than in the exporting country.
• B) Price quotations must specify the currency to be used and the credit terms of the transaction.
• C) The price quotation and contract should define only the quantity of goods and not necessarily the quality.
• D) Price quotations must be quoted only in terms of electronic trade dollars.
• E) Price quotations need to specify the transportation charges but need not necessarily state what type of documentation needs to be used.

Recognize safety protocols for handling underinflated tires.

Learn cost-effective strategies for monitoring and maintaining wheel integrity.

Understand the principles of various truck suspension systems including pneumatic, multi-leaf, and equalizing-beam.

Identify the impact of loading conditions on truck suspensions and subsequent effects on vehicle components.

---

Definitions:

Net Income

represents a company's total profit after all expenses, taxes, and costs have been subtracted from total revenue.

Diluted Earnings Per Share

A calculation of a company's earnings per share adjusted for the impact of all potential dilutive securities, which could decrease earnings per share.

Basic Earnings Per Share

A measure of a company's profitability on a per-share basis, calculated by dividing net income by the average number of shares outstanding.

Common Shares

Equity securities that represent ownership in a corporation, typically with voting rights and potential dividends.