The method of regular physical verification of material throughout the year is known as —

CS Executive · Cost and Management Accounting · PYQS · December 2014
The method of regular physical verification of material throughout the year is known as —
(A) Periodic stock taking
(B) Bin card system
(C) Continuous stock taking
(D) Stock ledger system.

Answer & Explanation:

Correct Answer: Option (C)

Correct answer: (C) Continuous stock taking.

Topics: Material Costing

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