What are the costs that result from the theft of inventory known as in the managing of inventory?
Variant question
A)Costs of quality
B)Stockout costs
C)External failure costs
D)Shrinkage costs

Question

Quizplus · Accepted Answer

The costs that result from the theft of inventory are known as shrinkage costs. Shrinkage costs include the actual cost of the stolen items, the cost to replace those items, and the cost of security measures to prevent future theft.

What Are the Costs That Result from the Theft of Inventory