Asked by
NavJot SiNgh
on Oct 23, 2024Verified
Which of the following is a supplier cost?
i. Inwards inspection
ii. Outwards inspection
iii. Expediting raw material deliveries
A) i and ii
B) i and iii
C) ii and iii
D) All of the given answers
Supplier Cost
The expense incurred by acquiring goods or services from a provider, which can influence a company's overall expenses and profitability.
Inwards Inspection
The process of examining materials or products upon arrival to ensure they meet quality standards before entering the production process.
Outwards Inspection
A quality control process where products are inspected for defects or issues before they are shipped to customers.
- Detect and arrange different sorts of costs connected with the control of inventory.
Verified Answer
KM
Learning Objectives
- Detect and arrange different sorts of costs connected with the control of inventory.