The Purpose of a Materials Requisition Form Is To

question 32

Multiple Choice

The purpose of a materials requisition form is to:

• A) track work-in process inventory so the appropriate percentage of completion proportion can be computed.
• B) authorize the release of raw materials into work-in-process.
• C) trigger the accounting entry to reduce raw materials inventory records and increase finished goods.
• D) update the general ledger for the movement of materials into finished goods.