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Page Title: Assignment Questions
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Learning  Objective: Determine the  procedures  for  closing  out and  balancing  the  Ship’s  Store Afloat  Financial  Control Record, NAVSUP Form 235. 6-58. When is the NAVSUP Form 235 normally  balanced  and  closed out? 1. Monthly  when  inventory  is taken  in  a  self-service walk-in  store 2. At the end of the accounting  period 3. When  the  ship’s  store officer  is  relieved 4. When  the  responsible custodian  is  relieved 6-59. ROM users will process the NAVSUP  Form  235  using  what  ROM function? 1. The  resale  operations constants  function 2. The data file query function 3. The  resale  operations reports  function 4. The  inventory  function 6-60. The sales entry on the NAVSUP Form  235  during  closeouts  is obtained  from  what  source? 1. NAVSUP  Form  977 2. NAVSUP Form 469 3. NAVSUP Form 464 4. NAVSUP Form 238 6-61. The  inventory  carried  forward figure on the NAVSUP Form 235 during  closeouts  is  obtained from  what  source? 1. The  inventory  control record 2. The  appropriate  inventory summary  sheet 3. The  NAVSUP  Form  235  from the  previous  accounting period 4. The NAVSUP Form 977 6-62. During the closeout of the NAVSUP Form 235, an amount is shown in the retail store Receipt column of the difference  entry. This would indicate that there is a shortage in the retail store. 1. True 2. False 6-63. By what means do you determine the percentage of overage or shortage  on  the  NAVSUP  Form 235? 1. Divide the amount on the difference line by the amount on the sales line 2. Divide the amount on the sales line by the amount on the  difference  line 3. Divide the amount on the total line by the amount shown on the sales line 4. Divide the amount shown on the  inventory  brought forward line by the sales line 6-64. The  can  drink  vending  machines cost of sales figure is obtained  from  what  source? 1. All NAVSUP Form 238s for the can drink vending machines 2. All NAVSUP Form 236s for can  drink  vending  machines 3. All NAVSUP Form 464s for the can drink vending machines 4. From the NAVSUP Form 235 from the previous accounting  period 6-65. What figure for the can drink vending  machines  is  subtracted from the total sales figure to obtain  the  gross  profit? 1. The  subtotal  figure 2. The  difference  figure 3. The cost of sales figure 4. The  total  inventory  brought forward  figure 57

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