A list of all materials required for a particular job is most commonly referred to as
A) a source document.
B) a bill of materials.
C) a purchase order.
D) a schedule of goods manufactured.

Question

Quizplus · Accepted Answer

A bill of materials is a comprehensive list of all the materials, parts, assemblies, and components needed to manufacture a product or accomplish a particular job. It typically also includes details such as their quantities, part numbers, and descriptions. It serves as a crucial reference tool for manufacturers and suppliers to ensure that the right materials are procured, assembled and used in the final product. A source document is a record that provides information for accounting purposes, such as invoices, receipts, or vouchers. A purchase order is a document generated by a buyer to request goods or services from a seller. A schedule of goods manufactured is a record of all the goods produced within a certain period, detailing the costs and quantities of raw materials, labor, and overhead used to create them.

A List of All Materials Required for a Particular Job