Which of the following include the interest on money invested in inventory and the cost of storage space, rent, obsolescence, taxes, protection, and insurance on losses due to theft, fire, and deterioration?
a. Intermittent costs
b. Carrying costs
c. Ordering costs
d. Running costs
B
Carrying costs: These include the interest on money invested in inventory and the cost of storage space, rent, obsolescence, taxes, protection, and insurance on losses due to theft, fire, and deterioration.
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Which of the following perceptual tricks can be used when proofreading to make sure you are not missing an obvious error?
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