In a manufacturing company where the Procurement Department largely buys items for production, the input which starts the "procure materials" activity to begin would most likely be: Development of the materials budget by the procurement manager. O Receipt of requisition forms from the plant manager. O Selection of a vendor from an approved vendor's list by an agent. O Electronic communicator of the production schedule by the plant manager.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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In a manufacturing company where the Procurement Department largely buys items for production, the input which starts the "procure
materials" activity to begin would most likely be:
O Development of the materials budget by the procurement manager.
O Receipt of requisition forms from the plant manager.
Selection of a vendor from an approved vendor's list by an agent.
O Electronic communicator of the production schedule by the plant manager.
Transcribed Image Text:In a manufacturing company where the Procurement Department largely buys items for production, the input which starts the "procure materials" activity to begin would most likely be: O Development of the materials budget by the procurement manager. O Receipt of requisition forms from the plant manager. Selection of a vendor from an approved vendor's list by an agent. O Electronic communicator of the production schedule by the plant manager.
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