Inventory Management MCQs

___ method of pricing of material issues is not popular as it always undervalues the stock and leads to the creation of the secret reserve

April 28, 2022

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___ method of pricing of material issues is not popular as it always unde

Q. ___ method of pricing of material issues is not popular as it always undervalues the stock and leads to the creation of the secret reserve.

A. Weighted Average Price

B. Base Stock

C. Highest in First Out

D. Standard Price

Answer: Highest in First Out

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___ method of pricing of material issues is not popular as it always undervalues the stock and leads to the creation of the secret reserve

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If annual total carrying cost, per unit carrying cost, and cost per order is 7 15,000, 7 10 & 7 150 respectively, then Economic Order Quantity will be:

___ method of pricing of material issues is not popular as it always undervalues the stock and leads to the creation of the secret reserve

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Which of the following documents records the quantity and value of the material?

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