Inventory

Inventory

University

10 Qs

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Inventory

Inventory

Assessment

Quiz

Business

University

Medium

Created by

Phillip Eck

Used 2+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 3 pts

What will your average GP % be?

38%

40%

39%

41%

2.

MULTIPLE CHOICE QUESTION

20 sec • 3 pts

What will the Cost of sales amount to with the annual sale to the public?

517 268*100/140

225 213*100/90

517 268* 61/85

225 213*100/140

3.

MULTIPLE CHOICE QUESTION

20 sec • 3 pts

What will the Cost of Sales amount to fromthe annual sale to the personel?

(225 213*100/90

517 268*61/85

225 213*61/85

517 268*100/90

4.

MULTIPLE CHOICE QUESTION

20 sec • 3 pts

Will carriage on purchases be capitalised to inventory?

Yes

No

5.

MULTIPLE CHOICE QUESTION

20 sec • 3 pts

What is the theoretical value of the closing inventory?

394 967

250 237

371 216

307 949

6.

MULTIPLE CHOICE QUESTION

20 sec • 3 pts

Will the total insurance claim that will be paid to OK grocer be VAT included or excluded?

Included

Excluded

7.

MULTIPLE CHOICE QUESTION

20 sec • 3 pts

What will the total Claim amount to?

157 065

179 054

254 949

206 973

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