Material Cost Question:

Download Job Interview Questions and Answers PDF

What is Valuation of returns?

Material Cost  Interview Question
Material Cost Interview Question

Answer:

Valuation of returns indicates the material returned by the production department to stores department. This valuation is done on two basis:

- At the same price at which issued
- At the current price of issues

Download Material Cost Interview Questions And Answers PDF

Previous QuestionNext Question
What is Valuation of issues?Tell me what can be the discrepancies in material receipt?