Accounting · Year 2 · Week 14

Inventory, Inventory Control and Compute Inventory Control Levels

Strand
Cost Accounting
Sub-strand
Controlling Cost to Improve Organisational Performance
Content standard
Demonstrate knowledge and understanding of how elements of cost impact business profitability and decision- making
Learning outcome
Compute cost of operation using the element of cost
Learning indicator
Explain inventory, inventory control and compute inventory control levels

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