Wholesalers and retailers purchase large quantities of goods from manufacturers but sell only one or a few at a time to many different customers. This process is called ________.
A. third-party logistics
B. breaking bulk
C. order processing
D. creating assortments
E. inventory control
Answer: B
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On March 21, 2019, the bond accounts of Pet Supplies Sales showed the following balances.
Pet Supplies Sales retires the bonds for $66,150. Prepare the journal entry to record the retirement of the bonds. Omit explanation.
In a multiple-product firm, the product that has the highest contribution margin per unit will
a. generate more profit for each $1 of sales than the other products. b. have the highest contribution margin ratio. c. generate the most profit for each unit sold. d. have the lowest variable costs per unit.
Lenora is a sales representative for a media technology company. She is demonstrating to Katrina, the CEO of a multinational textile manufacturing company, how she can address her various international locations using a screen mounted to a remotely controlled device that can move around a room. The device uses video conferencing technology that will allow Katrina to deliver presentations and also to converse with individuals. This type of technology is called a(n) ______.
a. interactive android b. telepresence robot c. bionic interactional device d. mobile video conference
Which of the following best illustrates a technology-forcing standard set by direct regulation?
A) a regulation that requires air filters to be set on high instead of low B) a regulation that requires air filters to be inspected annually C) a regulation that requires air quality in a city to be at a predetermined level so that the number of asthma cases will decrease D) a regulation that requires a factory smokestack to be built above a particular height