Match the items below by choosing the appropriate code letter :
-Source document that authorises the issue of raw materials to production.
A)Cost accounting
B)Materials requisition slip
C)TimeTicket
D)Cost accounting system
E) Job order cost system
F)Process cost system
G)Job cost sheets
H)Predetermined overhead rate

Question

Quizplus · Accepted Answer

The Materials Requisition Slip is the source document that authorizes the issue of raw materials to production. It is used to track the materials being taken out of the storeroom and used in the production process, ensuring accurate accounting and inventory control.

Match the Items Below by Choosing the Appropriate Code Letter