In a manufacturing firm,employees use time cards and job tickets.Which of the following statements is not correct?
A)Job tickets are prepared by employees for each job worked on, so an employee may have more than one job ticket on a given day.
B)An individual employee will have only one time card.
C)The time reported on job tickets should reconcile with the time reported on time cards.
D)Paychecks should be prepared from the job tickets.

Question

Quizplus · Accepted Answer

Paychecks should be prepared from the time cards, not job tickets. The time reported on job tickets is usually used for cost accounting and job costing purposes, while time cards are used to calculate employee wages.

In a Manufacturing Firm,employees Use Time Cards and Job Tickets