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Inventory Management, Just in Time and Costing Methods MCQs App Download | MBA Cost Accounting PDF e-Book

MBA Cost Accounting Study Guide: Practice Test 1 (Chapter 21)

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

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SAT Test for SAT Prep

Inventory Management, Just in Time & Costing Methods MCQ with Answers PDF Download: 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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Inventory Management, Just in Time and Costing Methods MCQ App (Android & iOS)

Inventory Management, Just in Time & Costing Methods MCQ App

Inventory Management, Just in Time and Costing Methods MCQ App (iOS & Android)

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