Generally types of stores are classified into ________.
A. two types
B. three types
C. four types
D. five types
Answer: Option B
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Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
If your exam is about Cost Accounting/Material Management, the answer is usually Three
Central Stores: One main warehouse that receives all goods for the entire company.
Sub-Stores (Departmental): Smaller stores located near specific production departments to provide daily supplies.
Site/Transit Stores: Temporary stores located at a specific project site or construction area.
Classify the three pls?
Justify the answer please
what is types of store and what are they ?
Centralised, decentralised and centralised with sub stores
Perpetual inventory records n documents
what are the three types
Can anyone explain these 3 types.
what are they