CSBM 1216 - CSB Inventory Control

Institution:

Central Lakes College

Subject:

Description:

Credits: 3 Prerequisite: none This course teaches the correct type of inventory method that the company needs to use, FIFO, LIFO, Average Cost, or Standard Method. The student will learn to enter each inventory item, vendor product code, proper department, current cost, selling price categories, as well as the product code. The student will learn how to enter, and process purchase orders. The student will fill out, receive, post, update inventory and convert purchase orders to accounts payable invoices. The student will learn how to utilize all aspects of manufacturing assemblies, if it applies to a company. The student will understand physical inventory, and maintain the perpetual inventory based on actual amounts, and correct prices for each item. Transfer Curriculum Goal(s): none

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

WWW.CLCMN.EDU

Phone Number:

(218) 855-8000

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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