When a Company Uses Intermodal or Multimodal Transportation,it Is

question 59

Multiple Choice

When a company uses intermodal or multimodal transportation,it is:

• A)using multiple channels.
• B)using land and water shipping.
• C)shipping via more than one railroad line.
• D)using the services of both UPS and FedEx.
• E)using different size containers for shipment.

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Definitions:

Statement of Changes

A financial statement that reports on the changes in equity of a company during a specific period.

Inflow of Cash

The total amount of money coming into a company, typically from operations, investments, and financing.

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment, and financial activities.

Issuance of Long-Term Debt

The process by which a company borrows money from financial institutions or through the sale of bonds, agreeing to repay the principal, along with interest, over a period longer than one year.