Which of the Following Is an Example of a Storage

question 212

Multiple Choice

Which of the following is an example of a storage cost that would be considered a part of inventory costs?

• A)warehousing space and materials handling costs
• B)opportunity costs resulting from tying up funds in inventory instead of using them in other, more profitable investments
• C)costs of the finished goods inventory itself
• D)costs due to possible loss, damage, pilferage, or obsolescence

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Definitions:

Vital Activities

Essential processes or actions necessary for the maintenance of life, including breathing, feeding, digestion, and reproduction among organisms.

Autonomic Nervous System

The part of the nervous system responsible for controlling bodily functions not consciously directed, such as breathing, the heartbeat, and digestive processes.

Nerve Fibers

Extended fibers of neurons that conduct electrical signals across the body.

Axons

Long, threadlike parts of a nerve cell along which impulses are conducted from the cell body to other cells.