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    Business
  3. Study Set
    Cost Accounting
  4. Exam
    Exam 20: Inventory Management, Just-in-Time, and Simplified Costing Methods
  5. Question
    Among Different Types of Costs Associated with Inventory, the Costs
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Among Different Types of Costs Associated with Inventory, the Costs

Question 11

Question 11

Multiple Choice

Among different types of costs associated with inventory, the costs of obtaining purchase approvals are ________.


A) purchasing costs
B) ordering costs
C) stockout costs
D) carrying costs

Correct Answer:

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