ACCOUNTING 484
St Johns River State College Orange Park
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Accounts Final
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Accounts Final
Accounts Final
1. The ABC is widely used classification technique to identify various items of
inventory for purpose of inventory control and recommends that a firm should
exercise the maximum control on ……. Items of inventory that are :
a. Most costly and/or slowest turnover
b. High in volume
c. Fast turning
d. All of these
2. The fixed manufacturing cost can be carried forward to next period as part of
inventory cost in which of the following costing system ___...
Other
Accounts Final
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Accounts Final Accounts Final 1. The ABC is widely used classification technique to identify various items of inventory for purpose of inventory control and recommends that a firm should exercise the maximum control on ……. Items of inventory that are : a. Most costly and/or slowest turnover b. High in volume c. Fast turning d. All of these 2. The fixed manufacturing cost can be carried forward to next period as part of inventory cost in which of the following costing system ___...
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