In __________ technique of inventory control, quantities in hand of each item or class of stock is reviewed periodically say, 30, 45 or 60 days.

CS Executive · Cost and Management Accounting · PYQS · December 2018
In __________ technique of inventory control, quantities in hand of each item or class of stock is reviewed periodically say, 30, 45 or 60 days.
(A) ABC Analysis
(B) Two-bin System
(C) Order Cycling System
(D) Perpetual Inventory System

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Inventory Management

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