Cold Stone, a Floor Tile Manufacturing Company, Pays $100,000 Per

Multiple Choice

Cold Stone, a floor tile manufacturing company, pays $100,000 per year to a real estate firm to obtain information regarding construction companies (potential clients) with new and upcoming projects. In the context of the costs of useful information, it can be concluded that Cold Stone incurred _____.

A) processing cost
B) acquisition cost
C) retrieval cost
D) storage cost