Which of the following inventory-related costs typically is used only for decision making?

Name: Which of the following inventory-related costs typically is used only for decision making?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Obsolescence is a cost that is only used for decision making, as it pertains to the potential loss of value due to technological advances or changes in consumer preferences. Carrying costs, procurement overhead, and demurrage are all actual costs that a company incurs in relation to holding inventory.

Which of the Following Inventory-Related Costs Typically Is Used Only