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Material control

Costing

What is standing order ? Is it a list of materials required on standard basis ?

Reetikaa R

CA Inter

★ 7K+

22-Sep-22 10:50

216

Answers (2)

Yes you're right.Once the level is reached, material should be automatically received for production

Shankari C

CA Inter

★ 12K+

22-Sep-22 11:55

Complete list of items and stores required generally - in the normal course - Purchase dept will always ensure that the standard items in such order are always available for production Special items will always be procured and made available only on requisition