All of the Following Costs Would Be Included in the Cost

question 97

Multiple Choice

All of the following costs would be included in the cost of inventory EXCEPT for:

• A)insurance while in transit from seller.
• B)costs to get inventory ready for sale.
• C)taxes paid on the purchase price.
• D)sales commission given to salesperson when the inventory is sold.

---

Definitions:

Sales Proposal

A document intended to persuade a possible client of his or her need for your product or service.

Potential Clients

Individuals or businesses that could become customers or clients of a service or product in the future.

Progress Report

A report or update detailing the present condition, advancements, and anticipated future outcomes of a project or task.

Courtesy Copy

A copy of an email or document sent to someone who is not the primary recipient but who may find the information useful or relevant.