The expense of maintaining inventories is called:
A) the retailers' overhead.
B) shipping responsibility.
C) inventory carrying costs.
D) assumable prices.

Question

Quizplus · Accepted Answer

Inventory carrying costs refer to the expenses associated with maintaining inventories, such as storage costs, insurance, and opportunity cost of tying up capital in inventory. A and B are not accurate descriptions of this expense, and D is not a term used in inventory management.

The Expense of Maintaining Inventories Is Called