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

---

Definitions:

Avoid a Contract

To legally cancel or nullify a contract, effectively acting as though the contract never existed.

Delaying

The act of postponing or putting off actions, decisions, or events to a later time.

Injunction

A legal order by a court that compels a party to do or refrain from specific acts, often used as a remedy in civil cases to prevent irreparable harm.

Employment Contract

A formal agreement between an employer and an employee that outlines the terms of employment, duties, and rights of both parties.