Thursday 16 June 2016

Cima P1 Exam Question No 55

Question No 55:

Which ONE of the following is NOT considered to be a cost of holding inventory?

A.
Loss of goodwill as a result of being unable to complete customer orders due to lack of inventory
B.
Insurance cost of inventory
C.
Storage cost of inventory
D.
Interest on cash invested in inventory

Answer: A

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