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Inventory CHAPTER 03

Inventory CHAPTER 03
24問 • 1年前
  • John Jason Alob
    • 通報

    問題一覧

  • 1

    - is made up of goods that will be used in the production or finished products.

    Raw Materials

  • 2

    - Consists of materials entered into the production process but not yet completed.

    work in process

  • 3

    - includes complete products waiting to be sold

    finished goods

  • 4

    — first goods purchase are the first to be used or sold.

    first in, first out

  • 5

    — most recently purchased/acquired goods are the first to be used.

    last in, first out

  • 6

    — this valuation method assumes that ending inventory consist of goods available for sales.

    average cost method

  • 7

    — assumes that the organization can track the actual cost of an item into, through, and out of the facility

    specific cost method

  • 8

    — this method is a "beat guess" approach

    standard costs method

  • 9

    — shows the financial position of a company on a specific date.

    balance sheet

  • 10

    — assets that are in the form of cash or that are easily converted to cash within one year.

    current assets

  • 11

    — use as investment and fixed assets

    long term assets

  • 12

    — ( patents, copy right, and goodwill )

    intangible assets

  • 13

    — represent amount owed to creditors

    liabilities

  • 14

    — represents ownership or right to the assets

    Equity

  • 15

    is a report that identifies a company's revenues (sales) expenses, and resulting profits

    income statement

  • 16

    expressions of how many of one item is converted within another

    ratio

  • 17

    are useful tools to explain trends and to summarize business results

    ratios

  • 18

    assesses the organization's overall liquidity and indicates a company's ability to meet its short-tem obligations.

    current ratios

  • 19

    — prefers to liabilities that are due and payable within twelve months.

    current liabilities

  • 20

    — most liquid current assets to its current liabilities.

    quick ratio

  • 21

    — refers to how many times inventory is replace over a period of tim.

    inventory turnover ratio

  • 22

    amount due from customer resulting from normal sales activities.

    account receivable

  • 23

    — represent the number of pennies per inventory dollar per year a company is spending to house its inventory

    k factor

  • 24

    — describes as various approaches to disposing of dead stock.

    methods of disposal

    • Inventory CHAPTER 02

    Inventory CHAPTER 02

    John Jason Alob · 15問 · 1年前

    Inventory CHAPTER 02

    Inventory CHAPTER 02

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    Good Governance CHAPTER 05

    Good Governance CHAPTER 05

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    Good Governance CHAPTER 05

    Good Governance CHAPTER 05

    16問 • 1年前
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    good Governance CHAPTER 06

    good Governance CHAPTER 06

    John Jason Alob · 11問 · 1年前

    good Governance CHAPTER 06

    good Governance CHAPTER 06

    11問 • 1年前
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    understanding the Self physical self

    understanding the Self physical self

    John Jason Alob · 10問 · 1年前

    understanding the Self physical self

    understanding the Self physical self

    10問 • 1年前
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    Strategic Management

    Strategic Management

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    Strategic Management

    Strategic Management

    42問 • 1年前
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    Marketing Management

    Marketing Management

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    Marketing Management

    Marketing Management

    7問 • 1年前
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    Costing and Pricing

    Costing and Pricing

    John Jason Alob · 9問 · 1年前

    Costing and Pricing

    Costing and Pricing

    9問 • 1年前
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    IT

    IT

    John Jason Alob · 26問 · 1年前

    IT

    IT

    26問 • 1年前
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    Filipino 1

    Filipino 1

    John Jason Alob · 31問 · 1年前

    Filipino 1

    Filipino 1

    31問 • 1年前
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    HRM

    HRM

    John Jason Alob · 15問 · 1年前

    HRM

    HRM

    15問 • 1年前
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    IT

    IT

    John Jason Alob · 18問 · 1年前

    IT

    IT

    18問 • 1年前
    John Jason Alob

    問題一覧

  • 1

    - is made up of goods that will be used in the production or finished products.

    Raw Materials

  • 2

    - Consists of materials entered into the production process but not yet completed.

    work in process

  • 3

    - includes complete products waiting to be sold

    finished goods

  • 4

    — first goods purchase are the first to be used or sold.

    first in, first out

  • 5

    — most recently purchased/acquired goods are the first to be used.

    last in, first out

  • 6

    — this valuation method assumes that ending inventory consist of goods available for sales.

    average cost method

  • 7

    — assumes that the organization can track the actual cost of an item into, through, and out of the facility

    specific cost method

  • 8

    — this method is a "beat guess" approach

    standard costs method

  • 9

    — shows the financial position of a company on a specific date.

    balance sheet

  • 10

    — assets that are in the form of cash or that are easily converted to cash within one year.

    current assets

  • 11

    — use as investment and fixed assets

    long term assets

  • 12

    — ( patents, copy right, and goodwill )

    intangible assets

  • 13

    — represent amount owed to creditors

    liabilities

  • 14

    — represents ownership or right to the assets

    Equity

  • 15

    is a report that identifies a company's revenues (sales) expenses, and resulting profits

    income statement

  • 16

    expressions of how many of one item is converted within another

    ratio

  • 17

    are useful tools to explain trends and to summarize business results

    ratios

  • 18

    assesses the organization's overall liquidity and indicates a company's ability to meet its short-tem obligations.

    current ratios

  • 19

    — prefers to liabilities that are due and payable within twelve months.

    current liabilities

  • 20

    — most liquid current assets to its current liabilities.

    quick ratio

  • 21

    — refers to how many times inventory is replace over a period of tim.

    inventory turnover ratio

  • 22

    amount due from customer resulting from normal sales activities.

    account receivable

  • 23

    — represent the number of pennies per inventory dollar per year a company is spending to house its inventory

    k factor

  • 24

    — describes as various approaches to disposing of dead stock.

    methods of disposal