Which of the Following Is Not a Cost Element as Part

question 109

Multiple Choice

Which of the following is not a cost element as part of the inventory carrying costs?

• A) insurance costs
• B) property taxes
• C) purchase order preparation costs
• D) storage costs

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Definitions:

Personal Loan

An unsecured loan provided by a financial institution based on the borrower's creditworthiness, typically used for personal expenses or consolidating debt.

Personal Income Tax

A tax levied on individuals or households based on the income they receive from work, investments, or other sources.