Question: The form used to notify the purchasing agent that additional materials are needed is known as a: a . Purchase order. c . Receiving report.

The form used to notify the purchasing agent that additional materials are needed is known as a:
a. Purchase order. c. Receiving report.
b. Vendor's invoice. d. Purchases requisition.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Question 19 The form used to notify the purchasing agent that additional materials are needed is known as a: Purchase order. Vendor's invoice. Receiving report. Purchase requisition

Q:

18. Under a job order system of cost accounting, Cost of Goods Sold is debited and Finished Goods is credited for a: Shipment of completed goods to the customer. Transfer of completed production to...

Q:

MULTIPLE CHOICE 1 . Which of the following must be maintained by the company to have an effective control of materials? a. Safety Stock b. Combination of duties c. Limited access d. None of the...

Q:

12. During March, Hart Company incurred the following costs on Job 122 for the manufacture of 200 motors. Original cost accumulation Direct Materials $2,600 Direct Labor 900 Factory Overhead 1,350...

Q:

Listed below are steps of purchasing and receiving materials: 1. The receiving clerk prepares a receiving report. 2. Purchase requisitions are prepared to notify the purchasing agent that additional...

Q:

Sales Processing Customer sales orders received by salespersons are input directly into the system via terminals from each of the regional locations. The regional sales manager is responsible for...

Q:

6. purchase order 7.kickbacks & procurement card hoy control system that production based on forecasted sales + Docessed only intemally 10 mitate the purchase of materials supplies, or services...

Q:

Are there any control weaknesses in this process? Purchases and Accounts Payable Processing Brony's Bikes buys its derailleurs and other bicycle parts from three unrelated vendors; steel and paint...

Q:

You are the auditor of Ulverstone Pty Ltd, which installs home security systems to households in the North West Coast. The following information describes the billing process, which is part of the...

Q:

ill in the Blank irections: Write your answer in the blank. Rigid minimize waste and misuse from improper ma are needed to safeguard materials from theft and to terial handling Puschase ent is...

Q:

Using the above information, answer the following questions: A,G(H20) = - 237,21 kJ/mol A,HCH2O) = - 285,83 kJ/mol AG= - RTINK AH R. KT = KT, e a)What will the equilibrium constant at 25 Cand 100*C...

Q:

The figure shows two charged particles on an x axis: -g = -4.80 x 1019 C at x = -5.00 m and q = 4.80 x 1019 C at x = 5.00 m. What are the (a) x- and (b) y- components of the net electric field...

Q:

When determining how much insurance should be carried on a dwelling

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....