The following features are given : (i) It is a quantity record (ii) It is kept inside the stores (iii) It is maintained by the store-keeper (iv) The postings are done before the transactions Which of the following has ab

CS Executive · Cost and Management Accounting · PYQS · December 2021
The following features are given : (i) It is a quantity record (ii) It is kept inside the stores (iii) It is maintained by the store-keeper (iv) The postings are done before the transactions Which of the following has above features :
(A) Bin card
(B) Material requisition note
(C) Material transfer note
(D) Stores ledger

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Material Control

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