Final Accounts ...

Which one out of the following is not an inventory valuation method?

Which method of inventory valuation helps in reducing the burden of income tax in times of rising prices?

Activities related to coordinating, controlling and planning flow of inventory are classified as ________________.

A higher inventory ratio indicates ____________.

Which method of inventory valuation is most widely used in accounting?

Given information:
Opening capital: $$Rs.5,000$$
Closing capital : $$Rs.6,000$$
Drawings : $$Rs.1,000$$
New capital invested : $$Rs.500$$
The profit for the year will be _____________.

If A = Annual Requirement, O = Order Cost and C = Carrying Cost per unit per annum, then EOQ __________.

If the rate of gross profit is 25% on cost by goods sold and the sales are Rs. 2,00,000 the amount of profit will be ___________.

Which of the following is true for a company which continuous reviews its inventory system?

A reserve is charged against __________.