All of the Following Are Elements of Total Cost for Worldwide

question 5

Multiple Choice

All of the following are elements of total cost for worldwide sourcing except ____.

• A) payment terms
• B) customs brokers fees
• C) additional fees or commissions
• D) direct labor in production
• E) inventory carrying costs

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Definitions:

Commercial Finance Companies

Financial institutions that provide loans to businesses using accounts receivable, inventory, equipment, and property as collateral.

Assets

Economic resources or valuable items that an individual, corporation, or country owns or controls with the expectation that it will provide future benefits.

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Required Share

The portion of equity that must be offered to existing shareholders when new shares are issued.