Match each item with the correct statement below. Answers may be used more than once.
-This form may be used to maintain proper control over a firm's inventory of direct materials.
A)Job-order cost sheet
B)Time ticket
C)Materials requisition form

Question

Quizplus · Accepted Answer

A materials requisition form is used to document the authorization to remove raw materials from inventory for use in manufacturing. This helps to maintain proper control over the inventory of direct materials.

Answer: A 
 A job-order cost sheet is used to accumulate the direct and indirect costs associated with a specific job or project. It includes the direct materials, direct labor, and manufacturing overhead costs associated with the job.

Answer: B 
 A time ticket is used to record the amount of time an employee spends on a specific job or project. It is used to calculate the direct labor costs associated with the job. It is not typically used to control inventory of direct materials.

Match Each Item with the Correct Statement Below