Question

Increases in the materials account are based on __________ which are supported by __________.

a.receiving reports; suppliers' invoices
b.receiving reports; materials requisitions
c.materials requisitions; receiving reports
d.suppliers' invoices; materials requisitions

Answer 1

a. receiving reports; suppliers' invoices

Step-by-step explanation:

The materials account gets increased only when the material actually gets to the warehouse. That means that a receiving report has to be generated in order to increase the materials account. This document is backed up by a supplier invoice, which states the amount invoiced by our supplier (vendor) - the increase in our materials' value.