Which of the Following Statements About Wholesaling Is NOT True

question 138

Multiple Choice

Which of the following statements about wholesaling is NOT true?

• A) Progressive wholesalers are more concerned about their customers and with channel systems.
• B) For some producers, delivery services like UPS and FedEx have replaced the need for wholesalers.
• C) Some large retail chains refuse to deal with wholesalers.
• D) 100 years ago, wholesalers dominated distribution channels.
• E) The number of wholesalers in the United States has steadily increased in the last 20 years.

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Definitions:

Uncertain Tax Positions

Tax positions taken in a filed tax return that may be challenged by the taxation authorities and which may have to be adjusted in the future.

Technical Merits

The inherent value or quality of a project, system, or process based on its technical specifications, efficiency, and effectiveness.

Statutory Rate

The legally enforced tax rate set by government legislation.

Differential Tax Rates

Different rates of taxation applied to different levels of income, types of taxpayers, or types of activities, to achieve various economic or social objectives.