{"id":58151,"date":"2024-04-16T01:14:27","date_gmt":"2024-04-16T01:14:27","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=58151"},"modified":"2024-04-16T01:14:27","modified_gmt":"2024-04-16T01:14:27","slug":"costs-of-goods-acquired-from-suppliers-is-classified-as","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/costs-of-goods-acquired-from-suppliers-is-classified-as\/","title":{"rendered":"Costs of goods acquired from suppliers is classified as"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;stock-out costs&#8221; option2=&#8221;ordering costs&#8221; option3=&#8221;carrying costs&#8221; option4=&#8221;purchasing costs&#8221; correct=&#8221;option4&#8243;]<!--more--><\/p>\n<p>The correct answer is D. purchasing costs.<\/p>\n<p>Purchasing costs are the costs associated with acquiring goods from suppliers. These costs include the cost of the goods themselves, as well as the costs of transportation, insurance, and any other fees associated with the purchase.<\/p>\n<p>Stock-out costs are the costs associated with not having enough inventory on hand to meet customer demand. These costs can include lost sales, customer dissatisfaction, and damage to the company&#8217;s reputation.<\/p>\n<p>Ordering costs are the costs associated with placing an order with a supplier. These costs include the cost of preparing the order, the cost of shipping the order, and any other fees associated with the order.<\/p>\n<p>Carrying costs are the costs associated with holding inventory. These costs include the cost of storage, the cost of insurance, and the cost of obsolescence.<\/p>\n<p>In conclusion, the correct answer is D. purchasing costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;stock-out costs&#8221; option2=&#8221;ordering costs&#8221; option3=&#8221;carrying costs&#8221; option4=&#8221;purchasing costs&#8221; correct=&#8221;option4&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-58151","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Costs of goods acquired from suppliers is classified as<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/costs-of-goods-acquired-from-suppliers-is-classified-as\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Costs of goods acquired from suppliers is classified as\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;stock-out costs&#8221; 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