Examveda
Examveda

Order cost is cost of the

A. executing order

B. processing order

C. opportunity cost

D. none of these

Answer: Option B

Solution(By Examveda Team)

Order cost is cost of the processing order. Ordering costs are the expenses incurred to create and process an order to a supplier. These costs are included in the determination of the economic order quantity for an inventory item.

This Question Belongs to Management >> International Finance And Treasury

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