are those cost, which can be identified and traceable to particular product or costing unit or cost centre
READ MORE +Inventory Management MCQs
…………… is a list of materials, with specifications, material codes and quantity of each material required for a particular job, process or production unit
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Which of the following details are recorded in bin card?
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Inventory held for sale in the ordinary course of business is known as
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………… indicates the level of each particular item of stock at any point of time
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Which of the following statement is correct in relation to “need for proper inventory control”?
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Raw materials are directly identifiable as part of the final product and are classified as
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Inventory is valued at
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Inventory consists of
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Re-order Level is also known as
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Which of the following is/are example of “Waste” in relation to material cost?
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Which among the following refers to areas where items are not stored in selected permanent locations?
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