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Q. Which of the following is not a function of purchasing management?

Q. Direct expense are also called ……………… expenses

Q. The following classes of costs are usually involved in inventory decisions except

Q. Wages paid to direct labour are also known as………………wages.

Q. “Hedging” technique is used

Q. Direct expense are also called ……………………. Expenses.

Q. ………………is a statement showing cost of production of a particular product.

Q. JIT contributed to the

Q. The organisation of the purchase department depends on the…………..of the organisation and its likely quantum of purchase.

Q. The receipt of…………….is the first step in purchase procedure.