Question

A BOM can be used in which of the following?

1) Manufacturing
2) Inventory Management
3) Costing
4) Sales
5) Purchasing
6) Quality Control

Answer 1

A bill of materials (BOM) is a comprehensive list of materials required to manufacture a product. It is used in manufacturing, inventory management, and purchasing.

Step-by-step explanation:

A bill of materials (BOM) is a comprehensive list of raw materials, components, and subassemblies required to manufacture a product. It is used in a variety of business functions, including:

1. Manufacturing: A BOM provides instructions for assembling a product, specifying the quantity and type of each component.
2. Inventory Management: BOMs help in tracking the availability and usage of materials, aiding in efficient inventory control.
3. Purchasing: BOMs guide procurement by listing the components needed, facilitating accurate ordering and timely delivery.