Stock control through stock levels and EOQ is called .

Related MCQs

• EOQ stands for .
• Material consumed is Rs. 5,00,000 Opening stock of raw material is Rs. 50,000 and Closing stock of raw material is Rs. 25,000. What is the cost of raw material purchased?
• Opening stock + purchases + direct expenses – closing stock =
• Expected sales + desired closing stock – estimated opening stock = .
• ………………is a technique of stock control which leads to saving of time of the management because attention is required to be paid only to some of the items rather than on all the items.
• ……….budget gives differentbudgeted costs for different levels of activity.
• Preparing budget figures for different levels of activity within a range under flexible budgeting is .
• Inventory or stock turnover ratio is also called .
• Stock Adjustment Account is debited with ……….and credited with ………..
• The budget prepared to estimate the expenditure to be incurred for planning, organizing, direction and control function of the management is .