Perpetual inventory system involves .

Related MCQs

• Inventory turnover ratio = Cost of inventory consumed during theperiod ÷ Cost of ....................................................held during the period
• Inventory turnover ratio = Cost of …………………..during the period ÷ Cost of average inventory held during the period.
• JIT inventory system is .
• Inventory turnover in days = Days during the period ÷………………..
• ………is a technique of material cost control which leads to low carrying cost as a result of low investment in inventory
• Inventory or stock turnover ratio is also called .
• Which ratio is calculated to ascertain the efficiency of inventory management in terms of capital investment?
• The ratio which measures the relationship between the cost of goods sold and the amount of average inventory is
• ………..is the cost which involves payment to outsiders.
• Material control involves .