The collection of all job cost sheets defines a
A)materials file.
B)finished goods file.
C)cost of goods file.
D)work-in-process file.

Question

Quizplus · Accepted Answer

The job cost sheets contain information about the costs associated with each individual job or project. Therefore, they would be classified as part of the work-in-process file, which tracks the costs of unfinished goods that are still in production. The materials file would contain information about the raw materials used in production, the finished goods file would contain information about completed goods ready for sale, and the cost of goods file would track the cost of all goods sold.

The Collection of All Job Cost Sheets Defines a