Economics · Cost Accounting

In accounting and inventory management, materials are primarily treated as which of the following?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Intangible Assets
2Fixed Assets
3Inventory✓
4Cash equivalents

Correct answer

Inventory

Download Single Question PDF

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Share with Friends & Study Groups

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Preparing for Economics?

Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.

Attempt Cost Accounting MCQs →All Mock Tests

Chapter Practice

Want more practice questions on Cost Accounting?

Solve complete topic-wise tests with detailed solutions on GkGet.

Practice Cost Accounting MCQs →

Recommended practice questions in Economics · Cost Accounting

Browse More Economics →

Given below are two statements, one labelled as Assertion (A) and the other as Reason (R): Assertion (A): A higher Profit-Volume (P/V) ratio indicates greater profitability potential. Reason (R): P/V ratio measures contribution earned per rupee of sales. Choose the correct answer from the options given below:

Solve Question→

The cost variance that arises specifically due to abnormal idle time is classified under:

Solve Question→

In accounting and inventory management, materials are primarily treated as which of the following?

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions

In accounting and inventory management, materials are primarily treated as which of the following?

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Related Practice Questions

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions