Inventory Cards
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Medium
Yvonne Daly
Used 34+ times
FREE Resource
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
FIFO in inventory terms stands for
flipped in flipped out
first in first out
fast in fast out
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
WAC in inventory terms stands for
weighted any cost
wasted average cost
weighted average cost
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An inventory card will show
Name
Inventory number
Location
Measurement base
All of the above
4.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Using only the letters INVENTORY - what 5 letter word is a store of valuable or delightful things
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Stock purchased by the business will appear in the following column of the inventory card
in column
out column
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Stock sold by the business will appear in the following column of the inventory card
in column
out column
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Purchase returns by the business will appear in the following column of the inventory card
in column
out column
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