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:

Accountant & Taxes

Relates to the profession of accounting, focusing on managing financial records for tax preparation and compliance.

Services Received

Refers to the completion of work or delivery of services provided to an individual or business under a contractual agreement.

Enter Bills Window

A feature in accounting software where users can input and manage bills that the business needs to pay to its suppliers or vendors.

Owners' Investment

Funds or assets introduced into a business by its owners to provide capital for the company.