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20. Which of the following is a cost associated with holding inventory?(2) a)Ordering costs b) Carrying costs c) Cost of not carrying enough inventoryd) All

20. Which of the following is a cost associated with holding inventory?(2) a)Ordering costs b) Carrying costs c) Cost of not carrying enough inventoryd) All of the above

21. Which one of the following changes can be expected if a credit policy is tightened?(2)

a)An increase in bad debts b) An increase in the marginal investment in accounts receivables c) A decrease in sales d) All of the above

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