Which of the following is not an objective of store-keeping ?

CS Executive · Cost and Management Accounting · PYQS · December 2020
Which of the following is not an objective of store-keeping ?
(A) To protect stores against losses
(B) To provide maximum service at minimum cost
(C) To facilitate perpetual inventory
(D) To supply inventory at lower price

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Material Costing

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