Which of the following is true of shipping goods via water transportation?
A) Water transportation is an efficient way to ship perishable merchandise over long distances.
B) Water carriers are highly flexible in their routing and time schedules.
C) Water transportation provides in-transit services, such as the processing of goods en route.
D) Water transportation is ideal when time is short and speed is needed.
E) Water transportation is the slowest mode of transportation and the most affected by the weather.
E
You might also like to view...
Productivity gains from MBO are higher when an organization has
A. top-management commitment. B. few budget problems. C. team rather than individual performance reviews. D. union support. E. nonmanagerial employee support.
A ________ pension plan allows pension benefits for key employees, such as highly paid managers, to exceed a government-specified share of total pension benefits.
A. defined-contribution B. deferred C. special draw rights D. multiemployer E. top-heavy
Adjusting entries are not made in the combination journal
Indicate whether the statement is true or false
Haley Inc had the following information related to last year's purchases: Cost of goods purchased $85,000 Accounts payable - beginning 3,000 Accounts payable - ending 5,000 What amount would be reported as "cash outflows for purchases" on the statement of cash flows using the direct method?
A) $93,000 B) $87,000 C) $77,000 D) $83,000