Accounting for Materials

Question 1

A written order to the storekeeper to deliver materials and supplies to the place designation or to issue the materials to the person presenting a properly executed requisition.

Answer 1

Material Requisition Slip

Question 2

It is a writted request usually sent to inform the purchasing department for materials and supplies.

Answer 2

Purchase Requisition

Question 3

The two copies of purchase requisition.

Answer 3

1. Store room clerk
2. Purchasing department

Question 4

It is a written request to a supplier for specified goods at an agreed upon price.

Answer 4

Purchase Order

Question 5

Who gets personal copies of a purchase order?

Answer 5

1. Purchasing Department
2. Supplier
3. Receiving Department