The job of a freight forwarder is to:
a. ensure that each shipment travels alone in order to receive the best rate
b. assume responsibility for the safe delivery of the shipment to the buyer
c. ask the shipper to supervise local carriers
d. choose the least expensive carrier
e. ship goods to a central location for later delivery
b. assume responsibility for the safe delivery of the shipment to the buyer
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Briefly explain the concept of annual-plan control
What will be an ideal response?
A scalar variable can hold multiple values whereas a composite variable can hold only a single value.
Answer the following statement true (T) or false (F)
In the context of insurance, what does the term premium refer to?
A) the money received from the defaulting party B) the money paid to the insurance company C) the money paid to insured after an accidental damage D) the money paid to insurance brokers as fee
Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on June 30, its Cash account shows a debit balance of $72,209. Easton's June bank statement shows $67,949 on deposit in the bank. Determine the adjusted cash balance using the following information: Deposit in transit$7400?Outstanding checks$3125?Check printing fee, not yet recorded by company$39?Interest earned on account, not yet recorded by the company$54? The adjusted cash balance should be:
A. $72,224 B. $64,824 C. $72,263 D. $75,349 E. $72,170