Business GK Test
| Description: A Test for the Aspirants who wants to begin their career in Business Systems and Technology | |
| Number of Questions: 25 | |
| Created by: Darshan Khurana | |
| Tags: IT INFORMATION TECHNOLOGY COMPUTER SAD BUSINESS SYSTEM Economy |
By which of the following methods of inventory pricing are reported profits in a period of rising prices depressed?
The issue price
“A” category items in an inventory control system
Which of the following will tend to undermine stock in hand in an inflationary economy?
Discounts and rebates are offered on
The item master contains which of the following fields?
An efficient sales analysis system should be
Computerised stores accounts may generate item balance different from actual balance because of
Which of the following transaction files does a typical material management system contain?
A sales analysis system
In an integrated system, rejected materials returned to the vendor would generate which of the following entries in financial accounts?
Value of stock can be done by
A vendor's performance can be measured in terms of
An ABC analysis shows that
Ageing analysis of the stocks held in store
Stricter inventory controls
Zero lead time of supplies means
Which of the following does not constitute a master file in a store system?
Which of the following can be categorised as 'inventory' in an organisation?
Ageing analysis report
Which of the following is not a liability?
Reserves and surplus are
The account payable (A/P) component in an accounting package is not designed to
A business accounting system includes
An account's receivable operation uses