1719430
Descrição
Quiz por Demar Davidson, atualizado more than 1 year ago
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Criado por Demar Davidson
mais de 9 anos atrás
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Questão 1
Questão
What is stock?
Responda
-
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.
Questão 2
Questão
Internal requests from stock are called ?
Responda
-
Deductions
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order
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Requisitions
Questão 3
Questão
What are orders?
Responda
-
Request for customers from different countries.
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Request for money from customers.
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Request for supplies from customers.
Questão 4
Questão
To ensure what, a close check of stock must be maintained?
Responda
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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.
Questão 5
Questão
Whys is stock control important?
Responda
-
To facilitate the owner of the business.
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Because it is used to support internal operations.
Questão 6
Questão
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.
Responda
- True
- False
Questão 7
Questão
Items such as Diamonds will need protection.
Responda
- True
- False
Questão 8
Questão
Stock is a current Liability of the business.
Responda
- True
- False
Questão 9
Questão
Assets are things the business owes.
Responda
- True
- False
Questão 10
Questão
Liabilities are things the business owes.
Responda
- True
- False
Questão 11
Questão
All assets and liabilities are shown in a financial statement called a balance sheet.
Responda
- True
- False
Questão 12
Questão
What is stock in trade?
Responda
-
Stock purchased for resale.
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Stock sold for resale.
Questão 13
Questão
What are consumable stocks?
Responda
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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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