Economics · Cost Accounting
Which one of the following is NOT a correct statement as far as a bin card is concerned?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Posting in it is normally done before or at the time of transaction.
- 2It is used for physical control of materials.
- 3It is maintained by the Cost Accounting Department.✓
- 4It records only quantitative details of the materials.
Correct answer
It is maintained by the Cost Accounting Department.
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