Inventoriable Costs

question 103

Multiple Choice

Inventoriable costs:

• A)include only the prime costs of manufacturing a product.
• B)include only the conversion costs of providing a service.
• C)exclude fixed manufacturing costs.
• D)are regarded as assets until the units are solD.

---

Definitions:

Infiltration Grade

A classification system used to assess the severity of fluid or medication leakage from a vein into the surrounding tissue during intravenous therapy.

Blood Transfusion

The process of transferring blood or blood-based products from one person into the circulatory system of another.

Two-Way Valves

Valves that allow fluid or air to flow in two directions, commonly used in various mechanical and biological systems to control the passage of substances.

Injection Port

A medical device implemented under the skin to allow for easy and repeated access to the bloodstream for the delivery of medication.