The document prepared on receipt of materials in store is known as

Related MCQs

• The time period between placing an order its receipt in stock is known as
• The receipt of…………….is the first step in purchase procedure.
• …………………stores organization is adopted to store all the goods at centrally located at on place.
• Statement prepared to show the different elements of cost
• Purchase…………..is to be prepared to know what to buy, what should be the quantity, quality and price.
• The ………………include all types of expenses other than direct materials and direct labour which are incurred for a particular product or job.
• The term …………….may be defined as the systematic control over the procurement of materials.
• The…………….must maintain a proper classified record of all purchases, uses and stock of materials.
• Purchase manager must know the exact …………………….of materials which are used in the production.
• After receiving the ……………………..the Purchase department starts exploring the source of materials and suppliers.