Which One of the Following Is a Source Document That

question 100

Multiple Choice

Which one of the following is a source document that impacts the job cost sheet?

• A) Raw materials receiving slips.
• B) Materials purchase orders.
• C) Labor time tickets.
• D) Finished goods shipping documents.

---

Definitions:

Unconditional Promise

denotes a commitment or guarantee made without stipulating any conditions - the promisor must fulfill their obligation, regardless of external circumstances.

Requirements For Negotiability

The legal criteria that a document must meet to be considered negotiable, allowing it to be transferred or endorsed.

Contract Formed

The process of creating a legally binding agreement, requiring offer, acceptance, consideration, and mutual consent among parties.

Negotiable

Capable of being transferred or exchanged for value between parties, often referring to financial instruments like checks or bills of exchange.