Which of the Following Dimensions Are Aspects of Materials Cost

question 10

Multiple Choice

Which of the following dimensions are aspects of materials cost policy? 

• A) Control of cost of uniforms. 
• B) The cost of energy consumption. 
• C) Reduction of logistics and transportation cost. 
• D) The reputational costs.

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Definitions:

Trust Fund

A legal entity created to hold assets for the benefit of specific individuals or organizations, managed by a trustee.

Hold-Back

The retention of a part of the contract price by the owner as required under construction lien legislation to ensure payment of subcontractors and suppliers of materials.

Suppliers Of Goods And Services

Entities or individuals that provide the market with products or perform tasks as a business.

Property Owner

The individual or entity that holds legal title to or ownership of a property, including real estate or personal property.