If Your Broker Tells You That a Trust to Which

question 37

Multiple Choice

If your broker tells you that a trust to which you are a beneficiary has changed and instead of getting $5000 per year starting next year you will be getting $4000 per year starting next year, the present value to you has

• A)fallen.
• B)risen.
• C)remained unchanged.
• D)necessarily become more predictable.

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Definitions:

Time and Place Utility

The value added to products through making them available at the right time and location to meet consumer needs.

Pipeline

In supply chain, refers to the flow of goods and materials from the supplier to the customer, as well as the processes that move products through the stages of production to delivery.

High-value Products

Goods or services that provide significant value to the customer, often due to their quality, uniqueness, or customization.

Low-value Products

Goods characterized by relatively low unit cost and often perceived as having lower importance or priority in inventory management and logistics planning.