Answer Posted / dinesh
Always Better Control
ABC classification for control purpose only
You keep your inventory/stock in 3 categories
A = High Value Low Quantity (Strict Control)
B = Middle Value Middle Quantity (Middle Control)
C = Low Value High Quantity (Low Control)
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
Pass the journal entry: rent outstanding
{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?
what is profitability ratio and dividend policy ratio
What is short term solvency ratio?
What was the most difficult deal you had to close?
Journalize the Following: 1. The following were purchased on account: a. Materials $ 10,000 b. Office supplies $ 2,000 c. Small tools $ 1,000
What is the difference between perpetual & periodic inventory system?
Recent trends in Corporate Governence?
Hi, Mobile manufacturing given a mobile phone as a gift to their employee. What journal entry we need to pass in company point of view.
what is differnce between balance sheet of a bank & a company
What is ppe in accounting?
Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!
WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?
What is debit and credit note?
What are the four classifications of bad and doubtful debts as per the context of the bank?