Which of the Following Is NOT a Benefit That an Intermediary

question 112

Multiple Choice

Which of the following is NOT a benefit that an intermediary is likely to provide for producer-suppliers?

• A) reduce credit risk
• B) reduce the need to store inventory
• C) reduce the need for marketing research
• D) reduce the need for working capital
• E) All of the above are likely benefits provided to suppliers.

Know the role of the International Accounting Standards Board (IASB) and the Securities and Exchange Commission (SEC) in establishing accounting standards and principles.

Grasp the principles of objectivity, cost principle, and the going-concern assumption in accounting.

Understand the concepts of planning activities and their financing in businesses.

Recognize the importance of general accounting principles and the accounting equation in business operations.

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Definitions:

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Tools or equipment that produce vibrations, used for a variety of purposes, including massage and alerts.

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A decrease in response to a stimulus after repeated exposure, indicating a basic form of learning or adaptation.