Which of the following is true for Inventory control?

Related MCQs

• Weighted average cost method produces different allocation of inventory costs in periodic and perpetual inventory system?
• Which of the following is not an inventory?
• The following classes of costs are usually involved in inventory decisions except
• The term…………………. is comprehensively used to include various aspects such as costing, cost accounting, cost control, cost audit and budgetary control.
• The optimum level of inventory is popularly referred to as the ………..
• The order cost per order of an inventory is Rs. 400 with an annual carrying cost of Rs. 10 per unit. The Economic Order Quantity (EOQ) for an annual demand of 2000 units is
• In a perpetual inventory system, the weighted average cost method is called:
• The weighted average method is most commonly employed when inventory items are:
• Weighted average method for inventory is permissible in:
• A location, person or item of equipment for which costs may be ascertained and used for the purposes of cost control is known as .