Which of these documents substantiates the balance of the raw materials inventory account shown on the company's balance sheet?

Question

Quizplus · Accepted Answer

Raw materials records provide a detailed account of the materials received and used in production, allowing for the calculation of the balance of the raw materials inventory account. The bill of materials lists the materials needed for a particular product, but does not provide information on the balance of the inventory account. The materials requisition and labour time record show materials and labour used on specific jobs, but do not provide a comprehensive view of the inventory balance.

Which of These Documents Substantiates the Balance of the Raw