Podcast
Questions and Answers
Why is authorization necessary for issuing goods from a store?
Why is authorization necessary for issuing goods from a store?
- To maintain a steady flow of goods to the consuming departments
- To ensure the storekeeper's efficiency
- To prevent misappropriation, wastage, or improper use of goods (correct)
- To evaluate the service level of the stores department
What is the primary purpose of an issue note?
What is the primary purpose of an issue note?
- To maintain a log of verbal instructions
- To record the inventory levels in the store
- To authorize the withdrawal of goods from the store (correct)
- To evaluate the performance of the storekeeper
Why is it desirable to restrict the authority of different levels of management?
Why is it desirable to restrict the authority of different levels of management?
- To maintain a hierarchical structure in the organization
- To ensure that only senior managers can sign for goods
- To prevent unauthorized withdrawals by junior staff
- To limit the financial liability of the organization within certain limits (correct)
What is the primary factor in judging the efficiency of the stores organization?
What is the primary factor in judging the efficiency of the stores organization?
What document is typically used to authorize the withdrawal of goods from a store?
What document is typically used to authorize the withdrawal of goods from a store?
Who is authorized to demand cable or electrical fittings?
Who is authorized to demand cable or electrical fittings?
What is the purpose of a Material Requisition Note?
What is the purpose of a Material Requisition Note?
How many copies of a Material Requisition Note are typically required?
How many copies of a Material Requisition Note are typically required?
What is done to the quantity returned in the 'Receipt' column of the Bin Card?
What is done to the quantity returned in the 'Receipt' column of the Bin Card?
Why is the original Material Requisition No. included in the Material Return Note?
Why is the original Material Requisition No. included in the Material Return Note?