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Examveda

Material control involves ________.

A. consumption of material

B. issue of material

C. purchase of material

D. purchase, storage and issue of material

Answer: Option D

Solution(By Examveda Team)

Material control involves purchase, storage and issue of material. Materials control is the systematic control over the materials at all its stages procurement, storage and usage so as to help in maintaining regular and uninterrupted flow of the materials in the production pipeline.

This Question Belongs to Commerce >> Costing

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