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  • Cost Accounting Test
  • Directions: Choose the correct option for the given quest...
Multiple choice

Directions: Choose the correct option for the given question:

Bin card is a record of _____ only.

  1. quantities

  2. materials

  3. values

  4. both (1) and (3)

  5. none of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A bin card is a quantitative record maintained at the bin level to track the movement and balance of specific materials. It does not record the monetary value of the items.

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