included in the Merchandise Inventory account can include all of the
following except:
A: Invoice price minus any discount.
B: Transportation-in.
C: Storage.
D: Insurance.
E: Damaged inventory that cannot be sold.
举一反三
- Costs included in the Merchandise Inventory account can include all of the following except: A: Invoice price minus any discount. B: Transportation-in. C: Storage. D: Insurance. E: Damaged inventory that cannot be sold.
- Costs included in the Merchandise Inventory account can include all of the following except:() A: Damaged inventory that cannot be sold. B: Storage. C: Invoice price minus any discount. D: Insurance.
- Which of the following cost belong to the inventory cost? A: transportation in B: insurance C: invoice cost D: storage
- Inventory turnover can be<br/>calculated by: () A: adding beginning and ending<br/>inventory; divide by two B: dividing the cost of goods<br/>sold by average inventory C: dividing average inventory<br/>by the cost of goods sold D: multiplying average<br/>inventory by 1.5
- Which ONE of the following statements is correct? A: All items held in inventory must be valued at historical cost B: All items held in inventory must be valued at selling price less expected costs to sell C: Items in inventory are likely to be valued at either cost or at net realisable value D: All items in inventory are likely to be valued at expected selling price
内容
- 0
The<br/>role of a freight forwarder can include all of the following EXCEPT ( ) A: pre-shipping<br/>counseling B: production<br/>of the shipping documents C: negotiation<br/>of payment terms D: insurance<br/>and bonds
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Merchandise inventory:（ ）。 A: neither is the cost of inventory that has been sold or is an expense on the income statement B: both is the cost of inventory that has been sold and is an expense on the income statement C: is an expense on the income statement D: is the cost of inventory that has been sold
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___________ is the average number of times the inventory is sold per year. A: a. Inventory storage B: b. Cost of goods sold C: c. Cost of goods available for sale D: d. Inventory turnover
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Merchandise inventory includes: A: All goods owned by a company and held for sale. B: All goods in transit. C: All goods on consignment. D: Only damaged goods. E: Only non-damaged goods.
- 4
All of the following are expense accounts except: () A: Rent expense. B: Prepaid<br/>Insurance. C: Supplies<br/>expense. D: Depreciation<br/>expense.