In General,the Greater the Distance Between the Product Source and the Target

question 45

True/False

In general,the greater the distance between the product source and the target market,the greater the time delay for delivery and the lower the transportation cost.

---

Definitions:

Contingent Liability

A potential financial obligation that may arise depending on the outcome of a future event.

Payroll

The total amount of wages paid by a company to its employees for a set period of time.

Known Liability

Obligations or debts that have been incurred and are measurable with a high degree of certainty.