Which of the Following Is Not One of the Important

question 32

Multiple Choice

Which of the following is not one of the important functions of labels on products and packages?

• A) protecting against damage to the product
• B) providing consumer information to assist in purchasing
• C) identifying the brand and building brand image
• D) promoting the brand or complementary brands
• E) listing the ingredients

---

Definitions:

Shortage Costs

Expenses incurred from the unavailability of inventory or resources, leading to missed sales or production delays.

Carrying Costs

The expenses incurred by holding inventory, including storage, insurance, and taxes.

Current Assets

Assets owned by a company that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.

Carrying Costs

Expenses associated with holding or storing inventory over a period.