The original copy of the purchase order is sent to:

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.
• If maximum consumption is 300 units per day; minimum consumption is 200 units per day; and re-order period is 8 to 10 days, then what will be the re-order level?
• A request sent to the purchasing department of a need for materials is called a:
• PP Ltd is preparing the production and material purchase budgets for one of their products, The SUPERX for the forthcoming year. The following information is available: Sales demand (units) 30000 Material usage per unit 7 kgs Estimated opening inventory 3500 units Required closing inventory 35% higher than opening inventory How many units of the SUPERX will need to be produced?
• A company has the following budget for the six month: Finished product Materials Sales - 7,000 units Usage per unit - 3 kg Production units - 7200 units Opening stock - 400 kg Closing stock - 500 kg What is the material purchase budget for the month?
• Under integrated system of Accounting , purchase of raw material is debited to which account?
• Entry under Integrated System for : Credit purchase of materials for stock
• Entry under Integrated System for : Cash purchase of materials for stock
• Entry under Integrated System for : Cash purchase of special materials for direct use in a job
• Purchase of raw materials of Rs. 1,000 on credit. Under Integrated Accounts, the transaction will appear as