0
What else can I help you with?
What is the risk of holding inventory?
Demand may drop and your inventory may lose all of its value.
What are the possible method of charging stock out to job or contract?
Stock can be charged out to a job or contract using several methods, including direct allocation, where specific inventory items are assigned to a particular job based on usage; percentage allocation, which involves distributing stock costs proportionally based on estimated usage across multiple jobs; and job costing systems, where all materials and labor are tracked and charged to specific contracts. Additionally, companies may utilize inventory management software to automate and accurately track these allocations in real-time.
Is Taking a physical count of inventory necessary when the periodic inventory system is used?
Yes Yes Yes Physical inventory will allow to validate book inventory system. The gaops may be because of errors or worse pilferage, spoilage etc. Both the system are required for effective controls
Is inventory a fix cost or variable cost?
inventory (i.e. stock) is an asset, not a cost. It is considered a current asset, however may be illiquid depending on the product
How is periodic inventory conducted?
Periodic inventory is conducted by taking a physical count of inventory at specific intervals, such as monthly, quarterly, or annually. During this process, the quantities of goods on hand are recorded, and this data is used to update inventory records and calculate the cost of goods sold. Unlike perpetual inventory systems, which continuously track inventory levels, periodic systems rely on these counts to assess inventory status and financial performance. This method can be simpler and less costly, but it may provide less timely information about inventory levels.
What is the next step after requisition of Inventory?
After the requisition of inventory, the next step is typically to process the request by checking stock levels and confirming availability. If the requested items are in stock, they are prepared for distribution or use; if not, a purchase order may need to be generated to replenish the inventory. Once the items are issued, the inventory records should be updated to reflect the changes.
Do you need the child's school consent for them to have a weekend job?
No. If they are under 16 the job may require it. If the job doesn't ask about it they don't need it. It is normal for a job to request it if the student is under 16.
Where can one request for a VP engineering job or jobs?
One may request listings for a VP engineering job from Workopolis, career Builder or Monster. These sites have many high tech companies who recruit for high level positions.
What is the risk of holding inventory?
Demand may drop and your inventory may lose all of its value.
Stockroom clerk job description?
A stockroom clerk usually manages inventory and are in charge of the distribution and shipping of items. They may also have paperwork to do that goes along with the job. Sometimes they are required to run a forklift.
Why physical inventory?
Physical inventory is a process where a business physically counts its inventory. It may be mandated by financial accounting rules.
Do companies typically ask for transcripts during the job application process?
Yes, some companies may request transcripts during the job application process to verify a candidate's academic qualifications and performance.
An inventory turnover analisis is useful to the auditor because it may detect what?
inadequate in inventory pricing
Does a janitor use math for his job?
Janitors use simple math such as counting, adding, and subtracting on the job. They might use multiplication or division when counting their inventory, and they may have to use more advanced math such as algebra if they have to mix cleaning chemicals.
Is it correct to say may I request for your passport please?
No. "May I see your passport, please?" is probably the best way to say it. "For" is not used with "request": you can request someone's passport, or you can request that someone show you his passport. And since requesting is already asking for something, it is redundant to use both "may I" and "request".
Is this right sentence that may i request you to reimburse those bills?
No. May I request for you to reimburse these bills?
What are you allowed to ask when checking references?
When checking job references you may ask questions related to the applicant's position with the company, excluding information about disability. You may request their current or former job title, the dates of their employment, reason for leaving, etc.
