Which of the following is true of materials requisition slips?

Question

Quizplus · Accepted Answer

Materials requisition slips may indicate indirect materials used in production, such as supplies and tools, in addition to the direct materials used in the manufacturing process. They are not prepared after goods are sold, nor do they indicate receipt of materials from the supplier. They trigger a transaction which decreases raw materials and increases work in process, but not finished goods.

Which of the Following Is True of Materials Requisition Slips