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Target Exam

CUET

Subject

Entrepreneurship

Chapter

Business Arithmetic

Question:

---------------------------------- cost includes paperwork for placing order, receiving, inspection, warehousing handling etc.

Options:

Ordering Cost

Amortization

Inventory Carrying Cost

Inventory Holding Cost

Correct Answer:

Ordering Cost

Explanation:

Ordering cost includes paperwork for placing order, receiving, inspection, warehouse handling etc.