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Which THREE of the following are costs that a business might incur as a result...

Which THREE of the following are costs that a business might incur as a result of holding insufficient inventory of raw materials?

A.

Lost production

B.

Purchasing inventory at a higher price

C.

Additional storage costs

D.

Increased risk of obsolescence

E.

Loss of sales

CIMA F1 Summary

  • Vendor: CIMA
  • Product: F1
  • Update on: Sep 17, 2025
  • Questions: 248
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