Given the question, this statement can be regarded as True. ordering cost is the cost associated with placing a order for additional inventory, excluding the cost of shipping.
How else would you define cost?
A cost is the value of money that was spent on the making or providing of a service or product and is now unavailable for use in accountancy, retailing, research, or accounting. In the business world, the cost is indeed the total amount paid to acquire something, hence the price might be tied to the acquisition.
Do you say "costs" or "costs"?
The word "expense" in the single form refers to the entire group, whereas "costs" refers to each individual member of the group.
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