The amount of time spent by an employee in the factory is usually recorded on
A) time tickets
B) job order cost sheets
C) employees' earnings records
D) the statement of owner's equity

Question

Quizplus · Accepted Answer

Time tickets are used to record the amount of time an employee spends on a particular job or in a factory. Job order cost sheets are used to record the direct labor and materials costs associated with a specific job, not the time spent by individual employees. Employees' earnings records track an employee's wages, deductions, and taxes over time. The statement of owner's equity shows changes in the owner's equity account over a period of time, but it does not record employee time.

The Amount of Time Spent by an Employee in the Factory