Which of the following is a use of the materials purchases budget?
A)It helps managers minimize the resources invested in inventory.
B)It helps managers plan the quantity and timing of purchases of material.
C)It helps ensure the adequate level of inventory.
D)All of these answer choices are correct.

Question

Quizplus · Accepted Answer

The materials purchases budget is used to plan and control the quantity and timing of purchases of materials. This helps managers optimize the use of resources by minimizing the investment in inventory while ensuring an adequate level of inventory for production. Therefore, all of the answer choices are correct.

Which of the Following Is a Use of the Materials