Which of the Following Costs Would Not Be Included in the Inventory

question 20

Multiple Choice

Which of the following costs would not be included in the inventory cost?

• A)Invoice price
• B)Cost of goods held on consignment
• C)Freight-in
• D)Sales tax

---

Definitions:

Military Coup

An illegal and sudden overthrow of a government by the military or a part of the armed forces, often resulting in a change of political power.

Totalitarian System

A political system in which the state holds total authority over society and seeks to control all aspects of public and private life.

State-controlled Security

Security and protection services provided and regulated by the government to ensure public safety and national defense.

Legitimate Force

The rightful or justifiable use of power or strength, often by a governing body or law enforcement, to maintain order or enforce laws.