A ____ Provides Guidance in Terms of Shipment Information,freight Invoicing,and

question 42

Multiple Choice

A ____ provides guidance in terms of shipment information,freight invoicing,and a preferred list of carriers for shipments moving between two points.

• A)routing guide
• B)tariff
• C)bill of lading
• D)freight book

---

Definitions:

Cost Formula Equation

An equation that determines the total cost based on fixed costs, variable rate per unit of activity, and the level of activity.

High-low Method

A technique used in cost accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.

Net Operating Income

The net profit of a business is calculated by deducting operating expenses from the gross profit and before accounting for interest and taxes.

Sales Volume

The number of units sold within a reporting period, used as a measure of business activity.