The actual cost of items bought from a supplier is referred to as the?

a. Order cost
b. Stockout cost
c. Inventory carrying cost
d. Purchase cost


d. Purchase cost

Business

You might also like to view...

Describe approaches that retailers use in dealing with unprofitable customers.

What will be an ideal response?

Business

According to the text, what responsibilities are involved in corporate citizenship?

a. economic, legal, ethical, and philanthropic b. business, personal, educational, and environmental c. environmental, ethical, interpersonal, and charity d. legal, patriotic, governmental, and public

Business

In the context of investing for retirement, which of the following statements is true of 457 plans?

A. They offer 50 percent tax deduction on a person's income. B. They are offered to employees of private-sector businesses. C. They allow an employee to enjoy tax-free earnings. D. They are primarily for state and local government employees.

Business

If you earned a negative 5% return on your investments while the overall stock market was down 9% then you have outperformed the market

Indicate whether this statement is true or false.

Business