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Inventory Cards

Authored by Yvonne Daly

Business

12th Grade

Used 34+ times

Inventory Cards
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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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