Which of the following is an ordering cost?

Question

Quizplus · Accepted Answer

Ordering costs are the expenses incurred to create and process an order to a supplier. These costs can include the expenses related to the paperwork, the time spent by employees to place the order, and any costs associated with the accounting activities needed to manage the order process. Therefore, accounting is an example of an ordering cost, as it involves the administrative tasks associated with placing and tracking orders.

Which of the Following Is an Ordering Cost