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Commerce · Q563

Costing

Graduate and Post Graduate · Commerce · question 563

Q563

Document, which contains information about used material sequence, detail and quantity of raw material is classified as

A.
bill of materials
Answer
B.
bill of sequence
C.
bill of detail
D.
bill of raw materials

Answer: Option A

Solution

Answer: Option A
Solution:
Document, which contains information about used material sequence, detail and quantity of raw material is classified as bill of materials. A bill of materials (BOM) is used in the manufacture of a product and should contain raw materials, subassemblies, subcomponents, and parts.