Which of the Following Costs Tend to Rise When a Firm

question 25

Multiple Choice

Which of the following costs tend to rise when a firm switches from a restrictive financial policy to a flexible financial policy?
I.restocking costs
II.lower prices to offset limited selection
III.storage costs
IV.current-asset opportunity costs

• A)II,III and IV only
• B)III and IV only
• C)I and II only
• D)I,III and IV only
• E)I,II and III only

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Definitions:

Fulfillment of Purpose

The achievement or realization of the intended goal or function of something.

Mutual Agreement

is a consensus or a contract reached between two or more parties, often indicating a shared understanding or intent.

Assault and Battery

A legal term used to describe the combination of the threat of violence (assault) and the actual physical contact or harm (battery) to another person.

Criminally Responsible

Being legally accountable or liable for actions that are classified as crimes under the law, subject to prosecution and punishment.