Cyclopedia of Commerce, Accountancy, Business Administration, v. 02 (of 10)American School of Correspondence
General
Cyclopedia of Commerce, Accountancy, Business Administration, v. 02 (of 10)
American School of Correspondence
Accounting; Business; Commerce
6. Explain the routine of the purchasing department. Illustrate forms
for requisition and low stock reports.
7. Describe a system to be used in ordering goods, explaining the
purpose of each copy of the order.
8. How does the purchasing agent know when goods are received?
9. What papers in connection with an order are filed permanently in the
purchasing department? How are these papers indexed?
10. What are the functions of the stores department? Who should
supervise the stores department?
11. Describe a labor─saving system for taking an inventory.
12. Into what classes is the inventory in a manufacturing enterprise
divided? Illustrate a suitable inventory record form for one of these
classes.
13. Name three reasons why a stores record system is of value.
14. What general plan should be followed in locating storage places for
material and supplies in a manufacturing plant? How should the material
be arranged in the storeroom?
15. What steps are necessary to provide a record of the receipt of
material and supplies, and to prevent the acceptance of goods which
should not be received?
16. How are unauthorized deliveries guarded against? Illustrate a
suitable requisition form for a business of your own selection.
17. Into what two classes are stores records divided? Which class is
the more usual in the storeroom?
18. How should stores record forms be filed? How can the accuracy of
the stores records be verified?
19. Illustrate and explain a suitable form for a stores record of
materials and supplies, showing quantities only.
20. Illustrate a stores record form for supplies showing the
distribution to departments.
21. When a foreman draws from the storeroom more material than is used
on a job, and returns it to stock, what form of record should he make?
22. When material drawn for one job is transferred to another, what
form of report should be made?
23. Why should a complete record of machinery and equipment be
maintained?
24. Describe a suitable system for the tool─room.
25. Illustrate the necessary forms for a record of tools.
REVIEW QUESTIONS
ON THE SUBJECT OF
RECORDS OF LABOR
1. Into what general classifications are wage systems divided?
2. Describe the characteristics of the _day wage_ plan. In what
respects does the day wage plan prove inequitable?
3. Describe the _piece rate_ plan. Name its advantages and
disadvantages.
4. What is a premium system? What conditions are intended to be brought
about by a premium system?
5. What special points of merit does the Halsey plan possess?
6. What are the essential features of the Taylor differential wage
system?
7. Name the special features of the _Gannt bonus system_. What are its
apparent disadvantages?
8. What are the principles of the _Emmerson efficiency system_? Name
some of the conditions necessary to a successful operation of this
system.
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