The Materials Control account is increased when:
A)direct materials are purchased
B)indirect materials are purchased
C)materials are requisitioned for production
D)Both A and B are correct.

Question

Quizplus · Accepted Answer

The Materials Control account records all transactions related to materials, including the purchase of direct and indirect materials, as well as the requisitioning of materials for production. Therefore, both choices A and B are correct.

The Materials Control Account Is Increased When