8 Stock is usually valued at: a the old price b the market price c the selling price d the cost price 9 In the average cost method of stocktaking: a the starting and closing stocks are added and the average value found b new stock is added and the average value found c individual items are added and their average value found d closing stock value is divided by the number of units in stock 10 In computerised stocktaking items carry: a a very small computer chip b a reference number c a bar code d a special label