Multiple Choice
The quantity of material to be ordered at one time is known as…………
A) ordering quantity
B) commercial order quantity
C) economic order quantity
D) none of these
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Inventory turnover in days = Days during
Q2: The principle types of inventories are raw
Q3: ………………forms part of cost of production.<br>A)abnormal waste<br>B)normal
Q4: Marginal costing is a …………… of costing<br>A)system<br>B)method<br>C)technique<br>D)all
Q5: ……….represents that quantity of material which is
Q6: A bill of material is prepared in
Q7: Re-ordering level = ........................................X Maximum re-order period<br>A)average
Q8: Inventory turnover ratio = Cost of …………………..during
Q9: Material losses due to abnormal reasons should