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Inventory Management, Just in Time and Costing Methods Multiple Choice Questions 1 PDF Book Download

Inventory management, just in time and costing methods multiple choice questions (MCQs), inventory management, just in time and costing methods quiz answers, MBA accounting test prep 1 to learn online accounting courses for online classes. Retail organizations: inventory management MCQs, inventory management, just in time and costing methods quiz questions and answers for admission and merit scholarships test. Practice retail organizations: inventory management, cost accounts career test for CPA certification.

Learn inventory management, just in time and costing methods quiz with multiple choice questions: which of following is an example of purchasing costs, with choices storage costs, incoming freight, insurance, and spoilage for online business degree programs. Practice jobs' assessment test for online learning retail organizations: inventory management quiz questions with financial accounting MCQs for accounting certifications. Retail Organizations: Inventory Management Video

MCQs on Inventory Management, Just in Time & Costing Methods Test 1 PDF Book Download

MCQ: Which of following is an example of purchasing costs?

  1. incoming freight
  2. storage costs
  3. insurance
  4. spoilage

C

MCQ: If an average inventory is 2000 units, annual relevant carrying cost of each unit is $5, then annual relevant carrying cost will be

  1. $5,000
  2. $4,500
  3. $5,500
  4. $6,000

A

MCQ: If demand of one year is 25000 units, relevant ordering cost for each purchase order is $210, carrying cost of one unit of stock is $25 then economic order quantity will be

  1. 678 packages
  2. 648 packages
  3. 658 packages
  4. 668 packages

B

MCQ: Cost of product failure, error prevention and appraisals can be classified under

  1. stocking costs
  2. stock-out costs
  3. costs of quality
  4. shrinkage costs

C

MCQ: Activities related to coordinating, controlling and planning flow of inventory are classified as

  1. decisional management
  2. throughput management
  3. inventory management
  4. manufacturing management

C