Examveda
Examveda

Material requisition is meant for ________.

A. purchase of material

B. supply of material from stores

C. sale of material

D. storage of material

Answer: Option B

Solution(By Examveda Team)

Material requisition is meant for supply of material from stores. A materials requisition form is a source document that the production department uses to request materials for manufacturing process. The production manager usually fills out the materials requisition form and delivers it to the materials or storage department where all of the raw materials are stored.

This Question Belongs to Commerce >> Costing

Join The Discussion

Related Questions on Costing