Direct materials include: (i) All materials specifically purchased for a particular job/process (ii) All material acquired and later requisitioned from stores (iii) Components purchased or produced (iv) Primary packing m

CS Executive · Corporate and Management Accounting · PYQS · June 2024
Direct materials include: (i) All materials specifically purchased for a particular job/process (ii) All material acquired and later requisitioned from stores (iii) Components purchased or produced (iv) Primary packing materials (v) Material passing from one process to another
(A) (i), (ii) and (iii)
(B) (i), (ii) and (v)
(C) (i), (ii), (iii) and (iv)
(D) (i), (ii), (iii), (iv) and (v)

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Management Accounting

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