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Inventory Management

Authored by Heidi Mandt

Professional Development

9th - 12th Grade

Used 39+ times

Inventory Management
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11 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person who is responsible for purchasing the merchandise for a store

Buyer

Inventory Control

Stock Turnover

Vendor

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money available to a buyer for purchasing items for a store.

Buyer

Just-in-time Inventory Control System

Open-to-buy

Physical Inventory System

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business from which merchandise is purchased

Stock Turnover

Vendor

Stock

Physical Inventory System

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of goods a business has, including goods in the backroom and on the sales floor.

Inventory

Invoice

Stock Turnover

Vendor

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Another term for inventory

Physical Inventory System

Inventory Control

Stock

Stock Turnover

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The vendor's bill for stock purchased.

Physical Inventory System

Invoice

Just-in-time Inventory Control System

Vendor

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The management of the merchandise a store has for sale.

Inventory Control

Just-in-time Inventory Control System

Open-to-buy

Physical Inventory System

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