Which Is Not One of the Costs Associated with Inventory

question 107

Multiple Choice

Which is not one of the costs associated with inventory management?

• A)quality
• B)holding
• C)ordering
• D)shortage

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Definitions:

Narrowing Significantly

The process of becoming considerably more focused or reduced in scope.

Direct Foreign Investment

Investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.

Technological Knowledge

The information and understanding related to the practical application of tools, machines, materials, and processes used to solve problems or invent new products.

World's Income

The total income generated by all individuals and entities across the globe, often used in comparisons of wealth and economic performance between countries.