Answer to Question #207788 in Accounting for Sandisiwe Dyumane

Question

Inventory systems is an accounting topic prescribed for grade12 in the CAPS document. Prepare:

a) a class test (consisting of short answer questions) and

b) a memorandum for this class test

(30) marks

Answer 1

a) Class test

How do I manage a warehouse?

How do I track inventory in multiple locations?

How do I get the best value for my money with inventory control software?

What is the best way to manage inventory?

What results can I expect from using inventory management software?

b) Memorandum for the class test

To:  Grade12 Accounting Students

RE: Scheduled class test.

Dear all,

I would like to bring to your attention that you will be having your class test next week Tuesday.

Kindly revise well on the Inventory systems topic in the CAPS document.

The test will take exactly one hour and will account for 20% of the final grade.

All the best.