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