In determining the economic order quantity (EOQ), the following costs are considered:

A) ordering costs and inventory carrying costs.
B) costs of a stockout and inventory holding costs.
C) ordering costs and costs of changing production levels.
D) costs of a stockout and ordering costs.
E) inventory holding costs and costs of changing production levels.

A

Business

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When auditing financial instruments, a confirmation is sent to the broker-dealer

A) only if the client has poor internal controls. B) to confirm interest and dividends. C) to provide assurance on realizable value. D) to confirm year-end holdings.

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