Which of the Following Is NOT a Direct Cost Associated

question 26

Multiple Choice

Which of the following is NOT a direct cost associated with inventory?

• A)Acquisition costs
• B)Order costs
• C)Carrying costs
• D)Stock out costs

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Definitions:

Quorum

The minimum number of members required to be present at a meeting to make the proceedings of that meeting valid.

Shareholders Meeting

A gathering of the shareholders of a company where decisions regarding the company's affairs are discussed and voted on.

Model Nonprofit Corporation Act (MNCA)

A template legislation that provides a basis for the statute governing nonprofit corporations in some states.

Quorum

The minimum number of members required to be present at a meeting to legally conduct business.