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73. One among the following is not a source of secondary data for market research
A) Sales turnover B) Annual report
C) Trade journals D) Market research

74. The method in which a code is assigned to stored items for easy identification is

called
A) Block method B) Mnemonic method
C) Combination method D) Alphanumeric method

75. The inventory carrying cost is represented by items like
(i) Cost of insurance

(1) Cost of paper work

(1) Cost of taxes

(iv) Cost of posting

A) (i) and (ii) B) (i) and (iii) C) (ii) and (iii) D) (ii) and (iv)

76. The capital necessary to maintain a minimum level of stock and for payment of regular

expenses is called

A) Fixed capital B) Revolving capital
C) Temporary working capital D) Permanent working capital
77. The bank launched in India for promoting the export and import of goods and
services is
A) SBI 8) IFCI C) IDBI D) Exim Bank
78. The lower limit below which the stock of any item, should not normally be allowed to
fall is
A) Lead stock B) Average stock
C) Buffer stock D) Reorder stock

79. The items which consume 70% of the total budget of inventories, but represent only
10% of the total inventory are called
A) A items B) B items
C) C items D) None of the above

80. Pre-determined scrap is refered to as
A) Anticipated scrap
B) Administrative scrap
C) Legitimate scrap
D) Defective scrap

A -12-