Chapter 3 Theories Flashcards
The person who is responsible for the protection of the materials in the storeroom, and for identification of the materials is the:
a. Receiving clerk
b. Purchasing agent
c. Storeroom supervisor
d Storeroom clerk
c. Storeroom supervisor
The bin tag:
a. is an informal but carefully maintained record showing the quantities of the materials received, issued and on hand.
b. is a name tag used by employees for identification purposes.
c. is a record of materials requisitions.
d. is a record showing the vouchers issued.
a. is an informal but carefully maintained record showing the quantities of the materials received, issued and on hand.
No materials may be issued without a written document called the:
a. Materials requisition
b. Materials issued
c. Material ledger card
d. Receiving report
a. Materials requisition
Materials requisition should indicate the following except:
a. Quantity
b. Material number
c. Job number
d. Purchase order number
d. Purchase order number
The person who is responsible for recording the requisition in the materials ledger card is the:
a. Storeroom supervisor
b. Storeroom clerk
c. Purchasing agent
d. Accounting clerk
b. Storeroom clerk
A material ledger card should indicate the following except:
a. Each type of material on hand.
b. Quantity issued.
c. Quantity received.
d.Purchase order number.
d.Purchase order number.
A materials requisition journal:
a. is a special journal where the issuance is journalized.
b. is a general journal where the requisition is journalized.
c. is a special journal where the purchase requisition is recorded
d. is a special journal where the purchase orders are recorded
b. is a general journal where the requisition is journalized
After recording the materials requisition in the materials requisition journal, the cost clerk post the data from the requisitions to the material section of the:
a. Job cost sheet.
b. Departmental overhead analysis sheet.
c. Materials ledger card.
d. Bin tag.
a. Job cost sheet
What is the purpose of using a materials requisition journal?
a. To avoid writing the many long and repetitious entries involved in issuing and using materials.
b. To avoid error in journalizing the requisitions.
c. To avoid mathematical errors.
d. To avoid losses due to thief.
a. To avoid writing the many long and repetitious entries involved in issuing and using materials
Materials returned to storeroom are recorded in the following documents except:
a. Bin Tag
b. Returned Materials Report
c. Materials Ledger Card
d. Purchase Order
d. Purchase Order
Indirect materials that cannot be charged to a specific job are posted from the materials requisition to the:
a. Materials ledger card.
b. Departmantal overhead analysis sheet.
c. Bin tag.
d. Receiving report.
b. Departmantal overhead analysis sheet
Entries made in Materials account in the general ledger are the following, except:
a. Materials purchased.
b. Materials issued.
C. Materials returned.
d. Materials reserved and on order.
d. Materials reserved and on order
