Stichworte Inventory turnover

Stichworte: Inventory turnover

On the costs of goods manufactured schedule, the item raw materials inventory

On the costs of goods manufactured schedule, the item raw materials inventory

Which of the following is not a company that buys inventory and rents it out?

Which of the following is not a company that buys inventory and rents it out?

Which of the following costs should be added to the buyers inventory account?

Which of the following costs should be added to the buyers inventory account?

What are three different types of inventory that manufacturing companies hold?

What are three different types of inventory that manufacturing companies hold?

Which of the following is not affected by an error related to ending inventory

Which of the following is not affected by an error related to ending inventory

Total asset turnover is computed by taking net divided by average total assets.

Total asset turnover is computed by taking net divided by average total assets.

What are costs that are capitalized as inventory when they are incurred called?

What are costs that are capitalized as inventory when they are incurred called?

Which of the following is not one of the primary goals of inventory management?

Which of the following is not one of the primary goals of inventory management?

Fifo, lifo, and weighted average inventory costing methods are based on ______.

Fifo, lifo, and weighted average inventory costing methods are based on ______.

Companies generally report their accounting method for inventory in the ______.

Companies generally report their accounting method for inventory in the ______.

Which of the following is the most commonly administered self report inventory?

Which of the following is the most commonly administered self report inventory?

The analysis of receivables method of costing inventory is based on the assumption that

The analysis of receivables method of costing inventory is based on the assumption that

Which ratio shows the percentage return that profit is on the assets in the business?

Which ratio shows the percentage return that profit is on the assets in the business?

What is the difference between merchandise inventory and manufacturing inventory quizlet?

What is the difference between merchandise inventory and manufacturing inventory quizlet?

What is the difference between merchandise inventory and manufacturing inventory

What is the difference between merchandise inventory and manufacturing inventory

An unexpected economic upturn is likely to have which effect on inventory turnover

An unexpected economic upturn is likely to have which effect on inventory turnover

Which of the following financial statement line items will be affected if the ending inventory is overstated?

Which of the following financial statement line items will be affected if the ending inventory is overstated?

All costs of production other than direct materials and direct labor are shown on the

All costs of production other than direct materials and direct labor are shown on the

When using the specific identification inventory method, cost of goods sold equals the ______.

When using the specific identification inventory method, cost of goods sold equals the ______.

Applying the lower of cost or market rule results in inventory being reported at the ______.

Applying the lower of cost or market rule results in inventory being reported at the ______.

Careful control of a firms costs allows it to maintain correct levels of stock and product.

Careful control of a firms costs allows it to maintain correct levels of stock and product.

Is a method that determines the location and optimal level of inventory in the supply chain?

Is a method that determines the location and optimal level of inventory in the supply chain?

When merchandise is returned under the perpetual inventory system, the buyer would credit

When merchandise is returned under the perpetual inventory system, the buyer would credit

When the perpetual inventory system is used in what account are purchases recorded in what account are purchases recorded when the periodic inventory system is used?

When the perpetual inventory system is used in what account are purchases recorded in what account are purchases recorded when the periodic inventory system is used?

Which inventory system perpetual or periodic provides better control over a firms inventory?

Which inventory system perpetual or periodic provides better control over a firms inventory?

Which inventory method is typically used when accounting for expensive and unique inventory item?

Which inventory method is typically used when accounting for expensive and unique inventory item?

Which manufacturing strategy can be described as producing products to put into inventory based on a demand forecast?

Which manufacturing strategy can be described as producing products to put into inventory based on a demand forecast?

Inventory under absorption costing includes only direct materials and direct labor.

Inventory under absorption costing includes only direct materials and direct labor.

Which is a type of inventory system that is used to manage independent demand items?

Which is a type of inventory system that is used to manage independent demand items?

What type of turnover often involves employees leaving, whom the organization would prefer to keep?

What type of turnover often involves employees leaving, whom the organization would prefer to keep?

Direct labor would be part of the cost of the ending inventory for which of these accounts?

Direct labor would be part of the cost of the ending inventory for which of these accounts?

The formula for calculating asset turnover is: asset turnover = cost of goods/total assets.

The formula for calculating asset turnover is: asset turnover = cost of goods/total assets.

What is the relationship of job satisfaction with absenteeism turnover and productivity?

What is the relationship of job satisfaction with absenteeism turnover and productivity?

In the context of employee turnover, identify a true statement about functional turnover.

In the context of employee turnover, identify a true statement about functional turnover.

Which of the following measures the number of times the company collects the average accounts receivable balance in a year?

Which of the following measures the number of times the company collects the average accounts receivable balance in a year?

Which inventory method will result in the lowest reported net income during periods with rising costs?

Which inventory method will result in the lowest reported net income during periods with rising costs?

What are the three inventory accounts that appear in the ledger of a manufacturing company?

What are the three inventory accounts that appear in the ledger of a manufacturing company?

What is the main requirement for the collaborative planning forecasting and replenishment process?

What is the main requirement for the collaborative planning forecasting and replenishment process?

Takes inventory of all packets in the datastream to ensure they are successfully sent and received.

Takes inventory of all packets in the datastream to ensure they are successfully sent and received.