1719430
Descripción
Test por Demar Davidson, actualizado hace más de 1 año
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Creado por Demar Davidson
hace más de 9 años
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Pregunta 1
Pregunta
What is stock?
Respuesta
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Stock refers to goods or materials kept by an organisation in a special place called a warehouse or store or stock room.
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Stock refers to businesses that keep goods in return for incentives.
Pregunta 2
Pregunta
Internal requests from stock are called ?
Respuesta
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Deductions
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order
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Requisitions
Pregunta 3
Pregunta
What are orders?
Respuesta
-
Request for customers from different countries.
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Request for money from customers.
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Request for supplies from customers.
Pregunta 4
Pregunta
To ensure what, a close check of stock must be maintained?
Respuesta
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Because the country is facing a recession employees can get food for their family.
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To ensure that sufficient quantity is always available when needed.
Pregunta 5
Pregunta
Whys is stock control important?
Respuesta
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To facilitate the owner of the business.
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Because it is used to support internal operations.
Pregunta 6
Pregunta
If a business holds too much stock it can be a drain on its resources, such as space for storage, selling displays, cash, credit limit and so on.
Respuesta
- True
- False
Pregunta 7
Pregunta
Items such as Diamonds will need protection.
Respuesta
- True
- False
Pregunta 8
Pregunta
Stock is a current Liability of the business.
Respuesta
- True
- False
Pregunta 9
Pregunta
Assets are things the business owes.
Respuesta
- True
- False
Pregunta 10
Pregunta
Liabilities are things the business owes.
Respuesta
- True
- False
Pregunta 11
Pregunta
All assets and liabilities are shown in a financial statement called a balance sheet.
Respuesta
- True
- False
Pregunta 12
Pregunta
What is stock in trade?
Respuesta
-
Stock purchased for resale.
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Stock sold for resale.
Pregunta 13
Pregunta
What are consumable stocks?
Respuesta
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Money that a company owns.
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The amount of cars that is owned by the company.
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Raw materials for manufacturing.
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