Multiple Choice Questions on is the level below safety level ........ for Punjab Government (Allied) Exams Preparation

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Multiple Choice Questions

is the level below safety level ........

Costing ( Revenue Account ) Basics of Cost Control and Analysis
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    __________is the level below safety level.

    Minimum level

    Incorrect Answer

    Maximum Level

    Incorrect Answer

    Reorder Level

    Incorrect Answer

    Danger Level

    Correct Answer
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    Explanation:

    Danger Level is the level below safety level. It is the level at which material must be purchased on emergency basis so as to avoid interruption in production.

    It is calculated as:

    Average daily Consumption (x) Maximum Re-order period for emergency purchase.

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