A written request to a supplier for specified goods at an agreed price is called: -

Related MCQs

• A formal request by the Head of Department or an authorised officer to the purchase manager to the purchase manager to purchase specified materials.
• Entry under Integrated system for : Materials returned to supplier from stock
• A request sent to the purchasing department of a need for materials is called a:
• Entry under Integrated system for : Transfer of goods completed from production to finished goods
• The principle types of inventories are raw materials and ,…………and finished goods
• In ……………………costing where standardized goods or services result from a sequence of repetitive and more or less continuous operations to which costs are collected and averaged over the units produced during the year:
• Where raw material is to pass certain stages, before it is converted into finished goods, the method of costing used is…………………
• The number of Goods Received Note required to be prepared is:
• Which materials do not normally form a past of finished goods: -
• ………………….aids in price fixation.