Which of the following factors is (are)not included in ordering cost?
A)bill paying
B)obsolescence
C)purchasing department overhead costs
D)inspecting incoming inventory
E)developing and sending purchase orders

Question

Quizplus · Accepted Answer

Obsolescence is not included in ordering cost. Ordering costs refer to the expenses incurred in procuring items and managing the supply chain, such as purchasing department overhead costs, developing and sending purchase orders, and inspecting incoming inventory. Obsolescence is a separate concept that relates to inventory that becomes outdated or unusable due to changes in technology or market demand.

Which of the Following Factors Is (Are)not Included in Ordering