The Materials Requisition Is Used to

question 76

Multiple Choice

The materials requisition is used to

• A) release materials from the storeroom to the factory
• B) release finished goods to the shipping department
• C) record the acquisition of materials from a vendor
• D) record and electronically transmit materials data in place of a receiving report

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Definitions:

Protective Tariff

Duties levied on goods brought into a country to safeguard local businesses from overseas rivals by increasing the costs of these imports.

Independent Treasury System

The Independent Treasury System, established in the 1840s, was a system where the U.S. government kept its funds in its own vaults rather than in banks, aiming for financial stability.

Constitutional Amendments

Changes or additions made to the United States Constitution, requiring a specific process for approval and ratification.

Checks And Balances

A fundamental principle of the United States Constitution that ensures no single branch of government becomes too powerful, with each branch having some measure of influence over the others.