Asked by Hannah Kristen on Jun 12, 2024
Verified
A materials requisition is a source document used for recording materials received.
Materials Requisition
The process of requesting and withdrawing materials from inventory for use in the production process or for other operational needs.
Source Document
An original record, such as an invoice or receipt, that evidences a business transaction.
- Differentiate between the documents used for receiving and requisitioning materials.
Verified Answer
MY
Michael yawson mensahJun 19, 2024
Final Answer :
False
Explanation :
A materials requisition is actually a source document used for recording materials issued or taken out of inventory, not for recording materials received.
Learning Objectives
- Differentiate between the documents used for receiving and requisitioning materials.