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GyanMul Prep · NEB +2 · Management · Grade 12

Accountancy (Management, Grade 12)

Everything on these tabs is Accountancy (Management, Grade 12) only, within NEB +2 Management · Grade 12.

Management · Grade 12 subjects

GyanMul Prep · NEB +2 · Management · Grade 12

Accountancy (Management, Grade 12)

Everything on these tabs is Accountancy (Management, Grade 12) only, within NEB +2 Management · Grade 12.

Management · Grade 12 subjects

Chapter 8 of 14 · Accountancy (Management, Grade 12)

Materials and Material Control

8 topics
Board exam — marks not published
15 solved questions

Buying, storing and issuing materials so that nothing is lost and every issue is priced: purchase procedure and documents, centralised and decentralised purchase and store, bin cards, FIFO, LIFO and average pricing, stock levels and the economic order quantity.

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Topics

What the syllabus defines for this chapter

1Meaning, types and objectives of material control
2Purchase procedure and documents: purchase requisition, purchase order, goods received note
3Centralised and decentralised purchasing
4Store-keeping: centralised and decentralised store; duties of a storekeeper
5Classification and codification of materials; bin card and stores ledger
6Pricing of material issues: FIFO, LIFO, simple average and weighted average
7Stock levels: re-order, maximum, minimum and danger levels
8Economic order quantity