Which of the following is a cost of holding inventory?
A) Workers comp
B) Reordering costs
C) Conversion costs
D) Insurance costs

Name: Which of the following is a cost of holding inventory? A) Workers comp B) Reordering costs C) Conversion costs D) Insurance costs
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Question

Quizplus · Accepted Answer

The costs associated with holding inventory include opportunity costs of tied up funds, storage costs, insurance costs, and costs of obsolescence, damage, and theft.

Which of the Following Is a Cost of Holding Inventory