Which of the Following Is NOT Considered a Carrying Cost

question 20

Multiple Choice

Which of the following is NOT considered a carrying cost?

• A)insurance on the inventory
• B)the opportunity cost of funds invested in inventory
• C)storage costs
• D)receiving costs

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Definitions:

Limited Liability

A legal principle that limits an investor's loss in a business venture to the amount of capital they have invested, protecting personal assets from business debts.

Certificate of Limited Partnership

A legal document registered with a state authority to form a limited partnership, outlining key details and compliance.

RULPA

The Revised Uniform Limited Partnership Act, a set of laws adopted by some states to govern the formation, operation, and dissolution of limited partnerships.

Expiration of Term

The end of a period during which an agreement, contract, or tenure was supposed to last.