快速查题-ACCA英国注册会计师试题

Which of the following is in the correct chronological sequence for purchase documents?

Which of the following describes a purchase order?

When charging direct material cost to a job or process^ the details would be taken from which document?

The following relate to the management of raw materials:(i) Holding costs per unit of inventory would increase(ii) The economic order quantity would decrease(iii) Average inventory levels would increase(iv) Total ordering costs would decreaseWhich of the above would result from the introduction of buffer (safety) inventory?

Which of the following is least relevant to the simple economic order quantity model for inventory?

The following documents are used in accounting for raw materials:(i) goods received note(ii) materials returned note(iii) materials requisition note(iv) delivery noteWhich of the documents may be used to record raw materials sent back to stores from production?

Which of the following documents should be checked before a purchase invoice is paid, to confirm that the price and quantities are correct?

A manufacturing company uses 28,000 components at an even rate during the year. Each order placed with the supplier of the components is for 1,500 components, which is the economic order quantity. The company holds a buffer inventory of 700 components. The annual cost of holding one component in inventory is $B.

What is the total annual cost of holding inventory of the component?

       $ O

Which of the following documents would be completed in each situation? 

                                    Material Requisition         Purchase Requisition         Goods received note          Goods returned note

Material returned to                                                                                                                                           

stores from production    

Form completed by the

stores department detailing

inventory requirements    

Materials returned to supplier    

                                    Materials Requisition          Purchase Requisition           Goods received note       Goods returned note

Form completed by

stores on receipt of goods    

Form completed by

production detailing inventory requirements.    

The following represent transactions on the material account for a company for the month of March 20X8:

                                              $000s

Issued to production              144

Returned to stores                   5

The material inventory at 1 March 20X8 was $23,000 and at 31 March 20X8 was $15,000. How much material was purchased in March 20X8?

                       $   O