Inventory Management and MRP MCQs Quiz Online PDF Download

Learn inventory management and mrp MCQs, cost accounting test for online courses learning and test prep to practice. Inventory management, just in time and costing methods quiz has multiple choice questions (MCQ), inventory management and mrp quiz questions and answers to learn for online project accounting course test.

Cost accounting practice test MCQ on an ability of an accounting system, to point out use of resources in every step of production process is called with options back-flush trails, audit trails, trigger trails and lead manufacturing trails problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning inventory management and mrp quiz with MCQs to practice test questions with answers. Inventory Management and MRP Video

MCQs on Inventory Management and MRP Quiz PDF Download

MCQ. An ability of an accounting system, to point out use of resources in every step of production process is called

  1. back-flush trails
  2. audit trails
  3. trigger trails
  4. lead manufacturing trails

B

MCQ. A push through system, according to which goods are manufactured for finished inventory solely, on basis of forecasted demand can be classified as

  1. in-time production
  2. materials requirement planning
  3. on-time production
  4. pull strategy of production

B

MCQ. Costing system, which omits some of journal entries in accounting system is known as

  1. in-time costing
  2. trigger costing
  3. back flush costing
  4. lead time costing

C

MCQ. Stage in manufacturing cycle at which journal entries are made in system of accountancy is known as

  1. chaining point
  2. recording point
  3. lead point
  4. trigger point

D

MCQ. Method of costing that supports creation of value for customer by accounting whole value stream, rather than individual departments or products is classified as

  1. economic accounting
  2. back-flush accounting
  3. lean accounting
  4. lead accounting

C