Total procurement price includes
A) product price.
B) product price and transaction costs.
C) product price and transportation costs.
D) product price,transaction costs,and transportation costs.

Question

Quizplus · Accepted Answer

Total procurement price includes the product price, transaction costs, and transportation costs. Transaction costs may include fees associated with ordering, payment methods, and handling paperwork, while transportation costs encompass the cost of shipping, insurance, and customs. Therefore, including all three components, the total procurement price can be achieved.

Total Procurement Price Includes