Inventory Management Quizzes, Questions & Answers

Recent Quizzes

Manage Issues, Transfers And Returns (Inventory Usage)

Manage Issues, Transfers and Returns (Inventory Usage)

This quiz focuses on managing issues, transfers, and returns in inventory usage, assessing skills in navigating inventory applications, understanding reservations, and the importance of accurate inventory status updates....

Questions: 10 | Attempts: 244 | Last updated: Mar 20, 2023

Sample Question
Where can you find the Add/Modify Reservation function?

Inventory application > Select Action menu

Item Master application > Go To menu

Item Request application > Select Action menu

Contracts application > Select Action menu

Physical Inventory - Policies & Procedures

The purpose of this quiz is to help all levels of store management develop a deeper understanding of the physical inventory process. Each store with an upcoming inventory should have all levels of management, from store manager...

Questions: 20 | Attempts: 1276 | Last updated: Jul 26, 2023

Sample Question
Prior to the arrival of the inventory service, the freezer and deli backstock must be pre-counted and listed on a sheet to hand the inventory service supervisor.

True

False

Finance And IT Inventory Adjustment

Finance and IT Inventory Adjustment

This quiz ensures that employees are aware of the processes and responsibilities with regards to Inventory Adjustments.

Questions: 12 | Attempts: 112 | Last updated: Mar 20, 2024

Sample Question
True or False: The Production Manager submits a copy of the non conforming product listing/inventory adjustments form to I/C clerk (accounts) in order for verification of transaction to take place

True

False

Chapter 5: About Purchasing The Right Quantities

Chapter 5: About Purchasing the Right Quantities

This quiz from Chapter 5 focuses on purchasing the right quantities in a business setting. It assesses understanding of data sources like standardized recipes and inventory sheets, and skills in forecasting demand for menu items....

Questions: 10 | Attempts: 458 | Last updated: Aug 25, 2023

Sample Question
The 3 main sources of purchasing data are:

Standardized Recipes, Inventory Sheets, Sales History

Standardized Recipes, Inventory Sheets, Supplier’s Lists

Sales Fresh Sheets, Sales Forecasts, Menu Mix

Sales History, Sales Forecasts, Menu Mix

Accounting 202: MCQ Quiz Exam!

Dive into 'Accounting 202: MCQ Exam' to master journal entries for various accounting scenarios, including marketing expenses, job completions, sales, and labor costs. This quiz enhances understanding of inventory and cost...

Questions: 11 | Attempts: 830 | Last updated: Mar 22, 2023

Sample Question
The journal entry needed to record the receipt of a bill from the company’s marketing agency would include a:

Debit to manufacturing overhead

Debit to marketing expenses

Debit to work in process inventory

Credit to work in process inventory

Aldi Plu Codes Crewe June 2012

Aldi PLU Codes Crewe June 2012

A multiple choice quiz for learning the new Aldi PLU numbers. Updated June 2012.

Questions: 106 | Attempts: 251 | Last updated: Mar 20, 2023

Sample Question
Clemetine / Satsuma

64

14

68

36

Business Quiz: Inventory Management- III

This Business Quiz: Inventory Management- III assesses knowledge on inventory distribution, management objectives, and system activities. It sharpens skills in understanding core inventory concepts and enhances readiness for...

Questions: 10 | Attempts: 268 | Last updated: Mar 20, 2023

Sample Question
Which of the following statements is most accurate?

About 20% of the items will usually account for about 80% of the total value

A items should have the loosest possible control

The general rule for using the ABC approach is to have plenty of everything in stock

C items account for about 50% of the total value

Business Quiz: Inventory Management- II

This Business Quiz: Inventory Management-II assesses understanding of stockkeeping units, economic order quantities, and safety stock. It explores how inventory costs are influenced by order quantities, ideal for learners in...

Questions: 10 | Attempts: 366 | Last updated: Oct 1, 2024

Sample Question
Which of the following statements best describes stockkeeping units?

Sodas in a 6-pack and 12-pack are the same SKU because the cans are the same SKU

White shirts of different sizes but in the same size box are the same SKU

Wires of different gauges that are stocked in reels are the same SKU

Two white shirts in the same inventory but of different sizes or styles would be different SKUs

Business Quiz: Inventory Management

This Business Quiz on Inventory Management assesses understanding of key inventory strategies, conflict in company objectives, and cost implications. It enhances skills in managing production and inventories effectively, crucial...

Questions: 10 | Attempts: 505 | Last updated: Mar 21, 2023

Sample Question
Which of the following statements is most accurate about inventory management?

Inventories and production must be managed together

Inventory is not important at the production planning level

Inventories are usually insignificant on the balance sheet

Inventory does not cost much to carry

Pharm Tech Chapter 13 (Inventory Management)

PHARM TECH CHAPTER 13 (Inventory Management)

- Inventory Management, - Inventory Systems, - Computers And nventory, - Ordering, - Stocking And Storing

Questions: 42 | Attempts: 1930 | Last updated: Sep 1, 2023

Sample Question
A system that allows purchase of any medication that is prescribed.

Automated dispensing system

Closed formulary

Inventory

Open formulary

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