BBA Finance Degree Courses

Chapter 21: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 21

# Inventory Management, Just in Time and Costing Methods Multiple Choice Questions (MCQs) PDF Download - 1

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The Inventory Management, Just in Time and Costing Methods Multiple Choice Questions (MCQs) with Answers PDF, Inventory Management, Just in Time and Costing Methods MCQs PDF Download e-Book Ch. 21-1 to study MBA Cost Accounting Course. Practice Retail Organizations: Inventory Management MCQs, Inventory Management, Just in Time and Costing Methods trivia questions and answers PDF for online schools for business administration. The Inventory Management, Just in Time and Costing Methods MCQs App Download: Free learning app for cost accounts career test to study online schools courses.

The Multiple Choice Question (MCQ Quiz): Which of the following is an example of purchasing costs; "Inventory Management, Just in Time and Costing Methods" App Download (Free) with answers: Storage costs; Incoming freight; Insurance; Spoilage; for online schools for business administration. Solve Contribution Margin versus Gross Margin Quiz Questions, download Google eBook (Free Sample) for online bachelor degree programs in business administration.

## Inventory Management, Just in Time & Costing Methods Questions and Answers : MCQ Quiz 1

MCQ 1:

Which of the following is an example of purchasing costs?

1. incoming freight
2. storage costs
3. insurance
4. spoilage
MCQ 2:

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

1. \$5,000
2. \$4,500
3. \$5,500
4. \$6,000
MCQ 3:

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

1. 678 packages
2. 648 packages
3. 658 packages
4. 668 packages
MCQ 4:

The 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
MCQ 5:

The 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

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