
BME1 Inventory Management
Quiz
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missC alternate
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11 questions
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1.
OPEN ENDED QUESTION
1 min • Ungraded
Last Name / Given Name / MI
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2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which inventory system requires physical count of items in stock at certain intervals.
Periodic System
Perpetual Inventory System
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which inventory system makes use of universal product code or bar code for continuous monitoring of inventory?
Periodic System
Perpetual Inventory System
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which inventory system is commonly used by small and medium businesses?
Periodic System
Perpetual Inventory System
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which inventory system allows timely replenishment of stocks?
Periodic System
Perpetual Inventory System
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which inventory system is used by most supermarkets and department stores?
Periodic System
Perpetual Inventory System
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following classification methods classify the inventory items based on their importance in the business operations?
ABC Classification
XYZ Classification
FSN Classification
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