All of the Following Are Downstream Costs Except

question 49

Multiple Choice

All of the following are downstream costs except:

• A) advertising costs.
• B) distribution costs.
• C) patent filing legal costs.
• D) warehousing costs.

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Definitions:

Expected Value

The mathematical average of all possible outcomes of a random variable, weighted by their respective probabilities.

Stocks

Shares of ownership in a company, which represent a claim on the company's earnings and assets.

Investment

Applying resources, typically financial, in order to gain income or profit.

Portfolio

An aggregation of financial instruments such as company shares, debt securities, tangible commodities, available cash, and cash-like resources, including mutual funds and ETFs.