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MI – Nov 2021 – L1 – SA – Q3 – Accounting for Cost Element

Identify the incorrect method for updating inventory records.

Which of the following is NOT used in updating inventory records?

A. Material requisition notes
B. Material returns note
C. Material invoices
D. Goods received notes
E. Goods returned notes

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PSAF- Nov 2023 – L2 – Q4a -Public procurement

Outline records that a Procurement Entity is required to keep in procurement proceedings.

Section 28 of the Public Procurement Act 2003, Act 663 as amended by Act 914, requires every Procurement Entity to maintain certain basic records of proceedings.
Required:
Outline FOUR (4) records that a Procurement Entity is required to keep in the course of procurement proceedings. (4 marks)

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MI – Nov 2021 – L1 – SA – Q3 – Accounting for Cost Element

Identify the incorrect method for updating inventory records.

Which of the following is NOT used in updating inventory records?

A. Material requisition notes
B. Material returns note
C. Material invoices
D. Goods received notes
E. Goods returned notes

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PSAF- Nov 2023 – L2 – Q4a -Public procurement

Outline records that a Procurement Entity is required to keep in procurement proceedings.

Section 28 of the Public Procurement Act 2003, Act 663 as amended by Act 914, requires every Procurement Entity to maintain certain basic records of proceedings.
Required:
Outline FOUR (4) records that a Procurement Entity is required to keep in the course of procurement proceedings. (4 marks)

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