Which of the following statements is TRUE about total inventory cost?
It is the cost of the order minus the cost of the transport of the order from the supplier to the pharmacy
It is the cost of the order plus the cost of utilities
It is the cost of the order plus the cost of the transport of the order from the supplier to the pharmacy
It is the cost of the order minus the cost of utilities
It is the cost of the order plus the cost of the transport of the order from the supplier to the pharmacy
Rationale: Total inventory cost is the cost of the order plus the cost of the transport of the order from the supplier to the pharmacy.
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