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6-50.
A price line inventory is taken
in the retail store.
After
inventory the retail store
column of the NAVSUP Form 235
is balanced and shows the
Expenditure column is more than
the Receipt column.
What fact
does this indicate?
1.
There is an overage in the
retail store amounting to
the difference between the
Expenditure and Receipt
columns
2.
You need to recheck the
entries in the Receipt and
Expenditure columns
3.
There is a shortage in the
retail store amounting to
the difference between the
Expenditure and Receipt
columns
4.
The Expenditure or Receipt
column was added up
incorrectly
6-51.
6-52.
Learning Objective:
Determine
the procedures for closing out
and reviewing the stock records
at inventory time.
The Stock Record, NAVSUP Form
464, is closed out at what
time?
1.
Weekly
2.
Monthly
3.
On the last day of the
accounting period
4.
Every 6 months
What figures on the NAVSUP Form
464 are added together at
inventory time to give you the
total inventory brought
forward?
1.
Sales figure and inventory
brought forward, bulk
storeroom
2.
Inventory brought forward,
bulk storeroom and sales
outlet
3.
Sales figure and inventory
brought forward, sales
outlet
4.
Sales figure and the total
receipts during the
accounting period
6-53.
How can you determine from the
stock record the quantity of an
item that was sold during the
accounting period?
1.
Total the Expended column
2.
Subtract the total of the
Expended column from the
total of the Received
column
3.
Subtract the bulk storeroom
inventory from the Total
Balance column
4.
Subtract the total
inventory brought forward
from the last entry
reported in the Total
Balance column
6-54.
The ROM system will
automatically post inventory
data entered in the ROM system
data base and close out the
NAVSUP Fern 464 in end of
period closeouts, a subfunction
of what ROM function?
1.
The resale operations
reports function
2.
The inventory function
3.
The resale operations
constants function
4.
The data file query
function
6-55.
After the NAVSUP Form 464 is
closed out, it must be reviewed
for accuracy by what
individual?
1.
The ship’s store officer
2.
The retail store operator
3.
The bulk storeroom
custodian
4.
All of the above
6-56.
A discrepancy list is prepared
for any differences found in
which of the following spaces?
1.
The retail store
2.
The snack bar
3.
The bulk storeroom
4.
All of the above
6-57.
The bulk storeroom discrepancy
list is maintained at what
price?
1.
Standard price
2.
List price
3.
Cost price
4.
Retail price
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