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INSTRUCTIONS: Choose the Word or Phrase in [ ] That

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INSTRUCTIONS: Choose the word or phrase in [ ] that will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
Most homeowner's insurance policies [ include | exclude ] damage or loss caused by the backing up of sewers and drains.


Definitions:

Holding Costs

The expenses associated with storing inventory, including warehousing, insurance, and depreciation.

Ordering

The process of requesting goods, services, or work to be provided or performed by another party.

Producing

The act of creating, manufacturing, or otherwise bringing into existence goods and services.

Purchase Requisition

An official request or document that a company uses to inform the purchasing department of items it needs to order.

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