Which of the Following Would Not Be Included in Inventory

question 232

Multiple Choice

Which of the following would not be included in inventory costs?

• A) Freight costs incurred by the buyer in shipping inventory to its place of business.
• B) The cost of insurance taken out during the time that inventory is in transit.
• C) The cost of storing inventory before it is ready to be sold.
• D) Shelving to hold the inventory.

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Definitions:

Resonance Form

An alternative structure of a molecule or ion that differs only in the distribution of electrons, equivalent to a resonance structure.

Directing Effect

Describes how substituents on an aromatic ring influence the position of additional substituents in electrophilic aromatic substitution reactions.

Nitro Group

A functional group consisting of one nitrogen atom bonded to two oxygen atoms (‑NO2), commonly found in organic compounds and contributing to their reactivity.

Reagents

Substances or compounds that are added to a system in order to bring about a chemical reaction.