Types of Inventory MCQs Quiz Online PDF Download

Learn types of inventory MCQs, cost accounting test for online learning courses, test prep to practice test. Master budget and responsibility accounting quiz has multiple choice questions (MCQ), types of inventory quiz questions and answers, responsibility and controllability, budgets and budgeting cycle, types of inventory tutorials for online international business degree courses distance learning.

Cost accounting practice test MCQ: budget sales, plus target ending finished goods inventory, minus beginning finished goods inventory is equal to with choices budget production, planned production, setup production and stand by production for online fresh graduate jobs, internship important interview questions and answers with topics and subtopics. Free study guide is for online learning types of inventory quiz with MCQs to practice test questions with answers. Types of Inventory Video

MCQs on Types of Inventory Quiz PDF Download

MCQ: Budget sales, plus target ending finished goods inventory, minus beginning finished goods inventory is equal to

  1. budget production
  2. planned production
  3. setup production
  4. stand by production

A

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

  1. direct materials inventory
  2. work in process inventory
  3. finished goods inventory
  4. indirect material inventory

B

MCQ: Inventory of final goods that are not yet sold is called

  1. finished goods inventory
  2. indirect material inventory
  3. direct materials inventory
  4. work in process inventory

A

MCQ: An inventory which consists of stock waiting to be used In process of manufacturing is known as

  1. finished goods inventory
  2. indirect material inventory
  3. direct materials inventory
  4. work in process inventory

C

MCQ: In cost accounting, types of inventory do not include

  1. direct materials inventory
  2. work in process inventory
  3. finished goods inventory
  4. indirect material inventory

D