_________ and _________ Costs Are the Two Categories of Direct

question 48

Short Answer

_________ and _________ costs are the two categories of direct costs of holding inventory.

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Definitions:

Right Now

A phrase indicating the current moment or immediate time, often used to emphasize the urgency or importance of an event or action.

Controlling

In management, this refers to the process of monitoring, assessing, and making necessary adjustments to the plans to ensure that organizational goals are achieved.

Allocating Resources

The process of distributing available resources, such as capital, tools, and personnel, to various projects or units within an organization.

Setting Directions

The process of establishing clear goals, visions, or strategies for an individual, team, or organization to follow in order to achieve desired outcomes.