Match each of the following phrases with the term (a-e)that it most closely describes it.Each term will be used only once.
-prepared when materials that have been ordered are received and inspected
A)job cost sheets
B)materials requisitions
C)receiving report
D)time tickets
E)cost allocation

Question

Match each of the following phrases with the term (a-e)that it most closely describes it.Each term will be used only once.​
-prepared when materials that have been ordered are received and inspected
A)job cost sheets
B)materials requisitions
C)receiving report
D)time tickets
E)cost allocation

Quizplus · Accepted Answer

A receiving report is a document used to confirm that materials ordered have been received and inspected for quality and quantity.

Answer: B
 Materials requisitions are documents that specify which materials are needed for a particular job or production process.

Answer: E
 Cost allocation is the process of assigning indirect costs to specific cost objects, such as products or projects.

Answer: D
 Time tickets are used to record the amount of time that each employee spends working on a particular job or project.

Answer: A
 Job cost sheets are used to track the direct and indirect costs associated with a particular job or production process.

Match Each of the Following Phrases with the Term (A-E)that