Normally,a job cost sheet is NOT prepared for a job until after the job has been completed.

Name: Normally,a job cost sheet is NOT prepared for a job until after the job has been completed.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A job cost sheet is prepared at the beginning of a job to estimate the costs involved in the job. Then, throughout the job, the actual costs are recorded on the job cost sheet. After the job is completed, the final costs are totaled and compared to the estimated costs to determine if the job was profitable or not.

Normally,a Job Cost Sheet Is NOT Prepared for a Job