Principles of Management Accounting week 2

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The document that provides tracing of the type and quantity of raw materials issued from ending inventory to jobs is called a bill of materials.

a. True.
Selected: b. False.This answer is correct.

Correct! This definition described a Materials requisition form, not a bill of materials. A bill of materials is used to detail the amount of materials required to manufacture a single unit of product within an enterprise resource planning system.

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