MBA Cost Accounting Practice Test 83

Types of Inventory Quiz PDF: Questions and Answers - 83

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Types of Inventory Questions and Answers PDF Download: Quiz 83

MCQ 411: An inventory, which consists of partially worked goods is called

A) direct materials inventory

B) work in process inventory

C) finished goods inventory

D) indirect material inventory

MCQ 412: An example of qualitative factor is

A) employee morale

B) cost of materials

C) cost of workers

D) cost of marketing

MCQ 413: In linear cost function, the fixed cost is considered as

A) constant

B) variable

C) exponent

D) base

MCQ 414: The strategy that interlinks technology and people, to enhance relationships in all the business functions is classified as

A) technology management

B) people management

C) customer relationship management

D) resource management

MCQ 415: The total capacity of producing output, while operating at full efficiency is known as

A) standard capacity

B) actual capacity

C) normal capacity

D) theoretical costing

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