Multiple choice

The terms; maximum, minimum, re-order level and rates of stock movements are related to

  1. Bin Card

  2. Stores Ledger

  3. Material Transfer Note

  4. Stores Requisition Note

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Right answer because  stores ledger records not only the details of quantity of physical movement of goods, but  also the rates of stock movements. The maximum ,minimum and re-order levels of stock are also mentioned for taking action to replenish the stock position.

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