Which of the Following Is Least Likely to Be Included

question 10

Multiple Choice

Which of the following is least likely to be included in order costs?

• A) processing vendor invoices for payment
• B) processing purchase order
• C) inspecting incoming goods for quantity
• D) taking an inventory to determine how much is needed
• E) temporary storage of delivered goods

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Definitions:

Present Value

A calculation that determines the current worth of a future sum of money or stream of cash flows, given a specific rate of return.

Annuity

A fiscal product offering a consistent payout pattern, mainly aimed at supplying funds for individuals in retirement.

Discount Rate

In DCF analysis, the interest rate employed to find out the present value of cash flows expected in the future.

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, and other assets.