MBA Cost Accounting MCQs - Chapter 21

Inventory Management, Just in Time and Costing Methods Multiple Choice Questions (MCQs) PDF Download - 5

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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 e-Book) download Ch. 21-5 to study MBA Cost Accounting Course. Practice Inventory Management and MRP 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 retail organizations: inventory management, inventory related relevant costs career test for online accounting certifications.

The MCQ: The costing system, which omits some of the journal entries in accounting system is known as; "Inventory Management, Just in Time and Costing Methods" App Download (Free) with answers: Trigger costing; In-time costing; Back flush costing; Lead time costing; for online schools for business administration. Solve Period Costs Quiz Questions, download Google eBook (Free Sample) for online bachelor degree programs in business administration.

Inventory Management, Just in Time & Costing Methods MCQ with Answers PDF Download: Quiz 5

MCQ 21:

The costing system, which omits some of the journal entries in accounting system is known as

in-time costing
trigger costing
back flush costing
lead time costing

MCQ 22:

The decision model to calculate optimal quantity of inventory to be ordered is called

efficient order quantity
economic order quantity
rational order quantity
optimized order quantity

MCQ 23:

The stage in manufacturing cycle at which journal entries are made in system of accountancy is known as

chaining point
recording point
lead point
trigger point

MCQ 24:

If the required rate of return is 12% and the per unit cost of units purchased is $35, then the relevant opportunity cost of capital will be

$6.20
$7.20
$4.20
$5.20

MCQ 25:

The method of costing that supports creation of value for customer by accounting whole value stream, rather than individual departments or products is classified as

economic accounting
back-flush accounting
lean accounting
lead accounting

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Inventory Management, Just in Time and Costing Methods MCQs

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