When Developing Inventory Cost Models,which of the Following Are Not

question 67

Multiple Choice

When developing inventory cost models,which of the following are not included as costs to place an order?

• A)Phone calls
• B)Taxes
• C)Clerical
• D)Calculating quantity to order
• E)Postage

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Definitions:

Foreign Limited Partnership

A partnership entity in which some owners have limited liability and limited involvement in management, recognized under the jurisdiction other than where it operates.

Internal Affairs

A legal doctrine which says that a corporation's internal activities should generally be governed by the laws of the state in which it is incorporated.

Limited Partners

Investors in a partnership who have limited liability to the extent of their investment but do not participate in management.

General Partners

Individuals in a partnership who are responsible for the management of the partnership, share the profits, and are personally liable for the partnership's debts.