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"The number of purchase orders for each year is multiplied to relevant ordering cost for each purchase order to calculate", retail organizations inventory management Multiple Choice Questions (MCQ) with choices annual relevant carrying costs, annual irrelevant ordering costs, annual relevant ordering costs, and annual irrelevant carrying costs for online bachelor's degree in business. Learn inventory management, just in time and costing methods questions and answers to improve problem solving skills for online courses for business management degree. Retail Organizations: Inventory Management Video

Retail Organizations: Inventory Management Quiz

MCQ: The number of purchase orders for each year is multiplied to relevant ordering cost for each purchase order to calculate

1. annual irrelevant ordering costs
2. annual relevant carrying costs
3. annual relevant ordering costs
4. annual irrelevant carrying costs

C

Inventory Costing: Manufacturing Companies Quiz

MCQ: In manufacturing companies, the variable costing method is also classified as

1. direct costing
2. indirect costing
3. total costing
4. One factor costing

A

Static Budget: Cost Accounting Quiz

MCQ: The difference between an actual budget and the corresponding amount in static budget is classified as

1. correspondent budget
2. full budget variance
3. methodology variance
4. static budget variance

D

Budgets and Budgeting Cycle Quiz

MCQ: If the budget sales units are 2000, an ending inventory is 3000 units and the beginning inventory is 1000, then the budget production would be

1. 6000 units
2. 4000 units
3. no units
4. 8000 units

B

Building Block Concepts of Costing Systems Quiz

MCQ: In an accounting system, the document which supports journal entries is classified as

1. cost document
2. priced document
3. source document
4. direct document

C