Directions:
Let us find out how much you already know in identifying criteria in purchasing production materials and utilizing standard inventory control of the production materials. Answer the questions below honestly and write the letter of the corresponding answer in your activity notebook.
1. Apple, cucumber, carrots, tomatoes and corn are examples of what products? a. grown products
b. manufactured products
c. processed products
2. The dresses we have, bags we use and shoes we wear, are examples of what products?
a. grown products
b. manufactured products
c. processed products
3. The maximized use of the natural resources, nurturing entrepreneurial skills of the Filipino people and additional income of the government through tax collection are examples of what purchasing activity?
a. benefits of purchasing activity
b. factors in purchasing goods and services
c. guidelines in purchasing process
4. Assessing the profile of the producers and customers and checking the track record of the suppliers are examples of what purchasing activity?
a. benefits of purchasing activity
b. factors in purchasing goods and services
c. guidelines in purchasing process
5. These are stock files of materials for the inputs of production. a. finished-goods-inventory
b. raw-materials-inventory
c. work-in-process inventory.
6. These are partially completed products requiring further processing including sets of unfinished goods for production process.
a. finished goods inventory
b. raw materials inventory
c. work in process inventory
7. These are the final outputs of production ready for delivery to the customers.
a. finished goods inventory
b. raw materials inventory
c. work in process inventory
8. Stock card #1 has information and data that are categorised in what cluster of items?
a. collective
b. group
c. individual
9. Stock card #2 has information and data that are categorised in what cluster of items
a. collective
b. group
c. individual
10. When you need to purchase or avail of goods and services without the need to leave the country, how do you classify these resources?
a. export resources
b. imported resources
c. local resources
Share
Answer:
1.C
2.C
3.B
4.A
5.C
6.C
7.A
8.A
9.A
10.A