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Msp Interview Questions and Answers
Ques:- What is cif
Right Answer:
CIF stands for Cost, Insurance, and Freight. It is a shipping term that indicates the seller is responsible for the costs of transporting goods, including insurance and freight charges, until the goods reach the buyer's port.
Ques:- Cost Realization
Right Answer:
Cost realization refers to the process of recognizing and recording the actual costs incurred in the production and delivery of goods or services. It involves tracking expenses to ensure that they align with budgeted costs and contribute to accurate financial reporting and profitability analysis.
Ques:- Do you have the five universal skills to be successful in a logistics-related position?
Right Answer:
Yes, the five universal skills for success in a logistics-related position are:

1. Strong communication skills
2. Problem-solving abilities
3. Organizational skills
4. Analytical thinking
5. Adaptability to change
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