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    Cost Accounting Study Set 2
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    Exam 17: Inventory Management, Just-In-Time and Simplified Costing Methods
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    In Managing Inventory,the Costs That Result When a Company Runs
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In Managing Inventory,the Costs That Result When a Company Runs

Question 122

Question 122

Multiple Choice

In managing inventory,the costs that result when a company runs out of a particular item for which there is a customer demand are known as:


A) shortage costs.
B) stockout costs.
C) EOQ estimation costs.
D) shrinkage costs.

Correct Answer:

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