Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accounting and Auditing Financial Statements Analysis Inventory
Match List I with List II:
| List I (Methods of Inventory Control) | List II (Explanation) | ||
| (A) | JIT system | (I) | Divide the items into the categories in the descending order of their usage rate. |
| (B) | ABC Analysis | (II) | Divides items into categories in the descenting order of their critical use. |
| (C) | FSND Analysis | (III) | Inventory arrive to the manufacturing sites just few hours before they are put to use |
| (D) | VED Analysis | (IV) | The items of inventory are classified according to value of usage. |
Choose the correct answer from the options given below:
1
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
2
(A) - (II), (B) - (III), (C) - (IV), (D) - (I)
3
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
4
(A) - (IV), (B) - (III), (C) - (II), (D) - (I)