Inventory
Authored by Phillip Eck
Business
University
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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