MBA Cost Accounting MCQs - Chapter 21

Inventory Management, Just in Time and Costing Methods Multiple Choice Questions (MCQ Quiz) PDF - 1

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The Book Inventory Management, Just in Time and Costing Methods Multiple Choice Questions and Answers (MCQs) PDF, Inventory Management, Just in Time and Costing Methods quiz answers, test 1 to study online MBA Cost Accounting Course. Practice Retail Organizations: Inventory Management MCQs, Inventory Management, Just in Time and Costing Methods trivia questions and answers PDF to prepare for job interview. The eBook Inventory Management, Just in Time and Costing Methods MCQs App Download: cost accounts career test for online schools for business administration.

The Multiple Choice Question (MCQ Quiz): Which of the following is an example of purchasing costs? PDF, "Inventory Management, Just in Time and Costing Methods" App Download (Free) with storage costs, incoming freight, insurance, and spoilage choices for online schools for business management. Solve retail organizations: inventory management quiz questions, download Google eBook (Free Sample) for online bachelor degree programs in business administration.

Accounting: Inventory Management, Just in Time & Costing Methods MCQs Questions PDF Download

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

A) incoming freight

B) storage costs

C) insurance

D) spoilage

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

A) $5,000

B) $4,500

C) $5,500

D) $6,000

MCQ: If the 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 the economic order quantity will be

A) 678 packages

B) 648 packages

C) 658 packages

D) 668 packages

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

A) stocking costs

B) stock-out costs

C) costs of quality

D) shrinkage costs

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

A) decisional management

B) throughput management

C) inventory management

D) manufacturing management

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