The Ramien Store Held Inventory Items at the End of 2014.Which

question 2

Multiple Choice

The Ramien Store held inventory items at the end of 2014.Which items should Ramien include as part of its total inventory cost?

• A)Freight incurred in shipping goods to customers.
• B)Annual income taxes paid for operations.
• C)Cost of storing inventory before it is sold.
• D)Cost of salaries of clerks that sell the inventory items.

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Definitions:

Similarity

The state or fact of being alike; often used to describe how alike two or more objects, ideas, or concepts are.

Closure

The psychological term for seeking a sense of resolution or completion.

Binocular Disparity

The difference in the images received by the two eyes as a result of their horizontal separation, which is used for depth perception.

Convergence

The process where two or more things come together to form a new whole or point, often used to describe the reduction of difference between technologies or merging of ideas.