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BBA Cost Accounting MCQs – Practice Test 6 (Chapter 21)

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Study Inventory Management, Just in Time and Costing Methods Multiple Choice Questions (MCQ Quiz) with Answers PDF to achieve accounting mastery. Download the Inventory Management, Just in Time and Costing Methods MCQ PDF e-Book, Ch. 21-6 to learn BBA Cost Accounting Course. Solve Inventory Management System Multiple Choice Questions (MCQs), Inventory Management, Just in Time and Costing Methods quiz with answers PDF to enhance professional skills. Free Inventory Management, Just in Time and Costing Methods Learning App Download: BBA Cost Accounting MCQ App to learn just in time purchasing, cost accounts career test to optimize online study.

Download "Inventory Management, Just in Time and Costing Methods Learning" App (Android & iOS): Reorder point is divided by number of sold units for per unit of time to calculate; MCQ with answers: relevant ordering cost, relevant carrying cost, purchase order lease time, and number of purchase orders. Practice Cost Variance Analysis & Activity Based Costing Quiz Questions, download Apple Book (Free Chapter) to achieve accounting mastery.

Inventory Management, Just in Time & Costing Methods MCQ – Practice Test 6 PDF Download

MCQ 26: The reorder point is divided by number of sold units for per unit of time to calculate:

  1. relevant carrying cost
  2. relevant ordering cost
  3. purchase order lease time
  4. number of purchase orders

MCQ 27: Buying of goods or materials for production in a way that they are delivered directly on the manufacturing facility of company is called:

  1. economic order quantity purchasing
  2. annual purchasing
  3. just in time purchasing
  4. both a and b

MCQ 28: The purchase order lead time is multiplied to the number of units sold per unit of time, to calculate:

  1. carrying costs
  2. relevant total costs
  3. economic order quantity
  4. reorder point

MCQ 29: The costs of issuing purchase orders, making of delivery records for tracking payments and costs of inspection of items are classified as:

  1. stock-out costs
  2. ordering costs
  3. carrying costs
  4. purchasing costs

MCQ 30: The relevant ordering costs are added into relevant carrying costs to calculate:

  1. relevant total costs
  2. contribution costs
  3. throughput costs
  4. optimized costs

Inventory Management Just in Time & Costing Methods MCQ App & e-Book – BBA Cost Accounting Entrance Exam

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