Which of the following accounting functions aids in calculation of appropriate stocking and reorder levels?
A) Insurance register
B) Investment records
C) Inventory accounting
D) Payroll records

Question

Quizplus · Accepted Answer

Inventory accounting is the function that tracks and values a company's inventory. This information is used to determine appropriate stocking levels and when to place reorders. Insurance register, investment records, and payroll records do not typically provide information related to inventory management.

Which of the Following Accounting Functions Aids in Calculation of Appropriate