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

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

Study inventory management, just in time and costing methods quiz with multiple choice question (MCQs): which of following is an example of purchasing costs, for bachelor of business administration and masters in accounting degree courses with choices storage costs, incoming freight, insurance, and spoilage for online competitive exams, certifications tests for financial aids, scholarships contests in universities. Practice skills assessment test to learn online 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 and Costing Methods Test 1Quiz PDF 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