Which of the following dimensions are aspects of materials cost policy?
A) Control of materials costs and prices.
B) The cost of energy consumption.
C) The cost of cancelled orders.
D) The reputational costs.

Question

Which of the following dimensions are aspects of materials cost policy? 
A) Control of materials costs and prices. 
B) The cost of energy consumption. 
C) The cost of cancelled orders. 
D) The reputational costs.

Quizplus · Accepted Answer

Control of materials costs and prices is directly related to materials cost policy, as it involves setting strategies and procedures to manage the costs of raw materials and finished goods. The other options listed may be costs associated with operations, but they are not directly related to materials cost policy.

Which of the Following Dimensions Are Aspects of Materials Cost