14.a. Which of the following is NOT a direct cost associated with inventory?

	Acquisition costs
	Order costs
	Carrying costs
	Percentage costs
	All of the above are direct costs associated with inventory

14.b. Which of the following is NOT one of the steps involved in establishing a credit policy?

	Establishing credit standards
	Establishing credit payment patterns
	Establishing a collection policy
	Establishing credit terms
	All of the above are steps involved in establishing a credit policy