……………….is a master requisition which lists all the materials required for the completion of a job.

Related MCQs

• The ………………include all types of expenses other than direct materials and direct labour which are incurred for a particular product or job.
• The term……………..is defined as a system that ensures the provision of the required quantity of material of the required quality at the required time with the minimum amount of capital.
• The…………….must maintain a proper classified record of all purchases, uses and stock of materials.
• The purchasing view of the material master is relevant at what organizational level?
• Purchase manager must know the exact …………………….of materials which are used in the production.
• The term …………….may be defined as the systematic control over the procurement of materials.
• After receiving the ……………………..the Purchase department starts exploring the source of materials and suppliers.
• The document prepared on receipt of materials in store is known as
• Simple average method is based on the principle that materials issues should be valued at ………… average price.
• The unused materials are returned to stores with a material …………..note.