High School

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TRUE OR FALSE

Directions: Read each item carefully. Write TRUE if the statement is correct and FALSE if not.

1. A Borrower's Form is a document that is used to request tools and equipment for certain work.

2. A Job Order or Work Order Form is needed when tools or equipment require repairs or maintenance.

3. Requesting tools and equipment that are not available is accomplished in an Inventory Form.

4. An Inventory Form needs to be submitted to request new purchases.

5. A Delivery Receipt is a reference for the goods and services received.

6. The Unit Price in the Delivery Receipt tells the price of the item per single quantity.

7. Reporting is a process of careful examination of tools and equipment.

Answer :

Final answer:

Some statements about business documentation are true, while others need corrections. A Borrower's Form does document the borrowing of equipment, a Job Order is used for repairs, and a Unit Price indicates the cost of a single item on a Delivery Receipt. However, an Inventory Form is not typically used for requests of unavailable items nor for new purchases, and reporting is not just the examination of tools and equipment.

Explanation:

To address whether the following statements are true or false requires an understanding of standard operational documents used in business. Here are the corrected statements:

  1. A Borrower's Form is used for documenting the borrowing of tools and equipment in a business setting, so this statement is TRUE.
  2. A Job Order or Work Order Form is indeed necessary when tools or equipment require repair or maintenance, making this statement TRUE.
  3. Requesting tools and equipment that are not in stock should be done using a form that typically tracks such requests, which might be an Inventory Request Form or a Purchase Request Form, not an Inventory Form. Therefore, this statement is FALSE. The corrected statement is: Requesting of tools and equipment that are not available is accomplished with a Purchase Request Form or Inventory Request Form.
  4. An Inventory Form is often used to record and manage current stock levels, but submission for new purchases may need a different form like a Purchase Order Form, so this statement is FALSE. The correct statement is: A Purchase Order Form is submitted to request for new purchases.
  5. The Delivery Receipt serves as a record for the receiving of goods and services, which means this statement is TRUE.
  6. The statement regarding the Unit Price on the Delivery Receipt reflecting the cost of a single item is TRUE.
  7. Finally, Reporting could refer to several different processes, but it is not exclusively a process of examining tools and equipment. Therefore, this statement is FALSE. A more accurate statement would be: Reporting can be a process that includes the careful examination of tools and equipment, among other aspects.

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