Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Types of Inventory MCQ with Answers

Types of Inventory Multiple Choice Questions (MCQ) to solve types of inventory quiz answers PDF worksheet, cost accounting test for online courses. Practice master budget and responsibility accounting Multiple Choice Questions and Answers (MCQs), "Types of Inventory" quiz questions and answers for online college courses. Learn responsibility and controllability, budgets and budgeting cycle test prep for online schools for business management.

"The budget sales, plus target ending finished goods inventory, minus beginning finished goods inventory is equal to" Multiple Choice Questions (MCQ) on types of inventory with choices budget production, planned production, setup production, and stand by production for online college courses. Solve types of inventory quiz questions for merit scholarship test and certificate programs for online business university.

MCQs on Types of Inventory

1.

The budget sales, plus target ending finished goods inventory, minus beginning finished goods inventory is equal to

budget production
planned production
setup production
stand by production

2.

An inventory, which consists of partially worked goods is called

direct materials inventory
work in process inventory
finished goods inventory
indirect material inventory

3.

The inventory of the final goods that are not yet sold is called

finished goods inventory
indirect material inventory
direct materials inventory
work in process inventory

4.

An inventory which consists of stock waiting to be used In the process of manufacturing is known as

finished goods inventory
indirect material inventory
direct materials inventory
work in process inventory

5.

In cost accounting, the types of inventory do not include

direct materials inventory
work in process inventory
finished goods inventory
indirect material inventory