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Stock Management Activity

Authored by ALANA DAVID

Business

12th Grade

Used 4+ times

Stock Management Activity
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9 questions

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1.

MATCH QUESTION

1 min • 5 pts

Match the following

replacing stock just before it is needed

Minimum level

The level that stock must not fall below

Just-in-time

Goods purchased for resale

Stock control

The highest amount of stock to be kept .

Stock

controls to ensure sufficient stock

Maximum level

2.

MATCH QUESTION

1 min • 5 pts

Match the following

input used in a manufacturing process.

Finish good

total demand for products and services.

Raw material

unauthorized collection of items.

Pilferage

Goods completed but not yet sold.

Market demand

reserve of various goods.

Consumables

3.

MATCH QUESTION

1 min • 4 pts

Match the following

supplies replaced as they are used up.

Inventory

money available to conduct daily actvty

Spare parts

Items required for regular maintenance.

working capitabl

How often stock is sold over time

Stock turnover

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

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What is the Item of stock that the record relates to?

5.

OPEN ENDED QUESTION

3 mins • 1 pt

Media Image

What does the issue side of the stock card record?

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6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

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What arithmetic operation is carried out on stock when stock is received?

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

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To which department is the stock issued on the 2nd September?

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