A Frito-Lay's distributor receives a large shipment of product from a centralized production facility and the product is then sorted and loaded on a number of delivery vans for delivery to several stores, thus reducing transportation costs through economical shipping. Such a technique is known as
A) consolidation warehousing.
B) cross docking.
C) break bulk facilities.
D) hub and spoke system.
B) cross docking.
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Which of the following organizations published “A Statement of Basic Accounting Theory” (ASOBAT)?
a. AAA b. AICPA c. APB d. CAP
Harmonization of IASB and FASB standards is now being called:
a. benchmarking. b. conformity. c. uniformity. d. convergence.
Sheila will ________ a cake and some CDs to the party
a. bring b. take
?The current market interest rate declines from 10 percent to 8 percent. Due to interest rate reinvestment risk, the bondholders will:
A. ?receive a lower market value for the bond. B. receive a higher principal at the maturity of the bond.? C. ?call back the bond before its maturity. D. ?earn a lower return on the reinvested cash flows. E. ?receive a lower coupon interest than mentioned in the bond indenture.