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

Inventory management, just in time and costing methods multiple choice questions (MCQs), inventory management, just in time and costing methods test prep to learn MBA accounting quiz 1 for online MBA programs courses. Learn retail organizations: inventory management multiple choice questions (MCQs), inventory management, just in time and costing methods quiz questions and answers. Free e-learning tutorial on retail organizations: inventory management, cost accounts test prep for online depreciation accounting courses distance learning.

Practice inventory management, just in time and costing methods career test with multiple choice question: if an average inventory is 2000 units, annual relevant carrying cost of each unit is $5, then annual relevant carrying cost will be, for business administration major with options $4,500, $5,000, $5,500, $6,000 for masters in business administration. Professional skills assessment test with online learning retail organizations: inventory management quiz questions with financial accounting MCQs for business analyst certifications and competitive exam preparation. Retail Organizations: Inventory Management Video

MCQ on Inventory Management, Just in Time & Costing Methods Test 1Quiz 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