Material requisition slip is a document, which authorizes the issuance of material from store inventory to the production line. It needs to be approved and signed as per the approval matrix set in the organization. It is a kind of control document to avoid unauthorized issuance and minimize wastage. To identify: The control mechanism for material flow in the absence of material requisition slip.

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Chapter 20, Problem 5DQ

To determine

Introduction:

Material requisition slip is a document, which authorizes the issuance of material from store inventory to the production line. It needs to be approved and signed as per the approval matrix set in the organization. It is a kind of control document to avoid unauthorized issuance and minimize wastage.

To identify:

The control mechanism for material flow in the absence of material requisition slip.

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