During Late Summer and Early Fall,there Is a Large Demand

question 260

Multiple Choice

During late summer and early fall,there is a large demand for containers located in Asia that are used to ship consumer goods from Asia to the United States in time for the holiday selling season.The demand for these containers is referred to as __________ demand.

• A) unitized
• B) derived
• C) reseller
• D) applied
• E) implied

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Definitions:

Interfirm Comparisons

The analysis and evaluation of a company's performance or financial health in relation to its competitors or industry standards.

Deferred Tax Asset

An item on a company’s balance sheet that represents the difference in timing between when a tax is accrued and when it is paid, potentially reducing future tax liability.

Tax Rate Change

An alteration in the percentage at which an individual or corporation is taxed, which can affect financial planning and net income.

Temporary Difference

A difference between the carrying amount of an asset or liability in the balance sheet and its tax base that will result in taxable or deductible amounts in future years.