All Except Which of the Following Are Components of Carrying

question 60

Multiple Choice

All except which of the following are components of carrying costs?

• A) Insurance
• B) Storage costs
• C) Handling costs
• D) Set-up costs

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Definitions:

Intangible Assets

Assets that have value to a business but are not visible.

Long-Term Equity

Investments in stocks or other equity instruments that are intended to be held for a period longer than one year for potential appreciation in value.

Accounts Payable

The amounts owed by a business to its suppliers or creditors for goods and services received on credit.

Noncompete Clause

A provision often included in a contract to purchase a business that restricts the seller from entering the same type of business within a specified area for a certain amount of time.