A Source Document That Production Managers Use to Request Materials

question 8

Multiple Choice

A source document that production managers use to request materials for manufacturing and that is used to assign materials costs to specific jobs or to overhead is a:

• A) Job cost sheet.
• B) Production order.
• C) Materials requisition.
• D) Materials purchase order.
• E) Receiving report.

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Definitions:

Dividends

Payments made by a corporation to its shareholder members from the company's earnings.

Earnings

Income generated from a company's business activities over a certain period, often reported as net income.

Face Value

The nominal value or dollar value of a security stated by the issuer.

Contract Rate

The agreed-upon interest rate specified in a contract, often related to loans or financial agreements.