Which of the following is not an ordering cost?
A)cost of receiving inventory
B)cost of preparing the order
C)cost of processing payment for inventory ordered
D)cost of storing the inventory

Question

Quizplus · Accepted Answer

The cost of storing inventory is a holding or carrying cost, not an ordering cost. Ordering costs include expenses related to placing and receiving an order such as preparing the order and processing payment for the inventory ordered.

Which of the Following Is Not an Ordering Cost