Which of the Following Statements Is True of Costs Associated

question 33

Multiple Choice

Which of the following statements is true of costs associated with goods for sale?

• A) Information-gathering technology increases the reliability and timeliness of inventory information and increases the costs related to inventory.
• B) Opportunity costs are not recorded in financial accounting systems because they are not a significant component in several cost categories.
• C) Purchasing costs include incoming freight costs and are reduced by discounts
• D) Opportunity costs are recorded in financial accounting systems but are a not significant component in several cost categories.

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Definitions:

Email Interviews

A method of conducting interviews where questions are sent via email, and the respondent replies at their convenience.

IM Interviews

Interviews conducted through instant messaging platforms, offering a text-based alternative to traditional or video interviews.

Nonverbal Cues

Communication elements that do not use words or speech, such as body language, facial expressions, and gestures.

Online Interviews

An interview process conducted over the internet using video conferencing tools or email.