Examlex
Choose the one most appropriate statement for each.
-Cud
Direct Materials
Raw materials that can be directly traced to the manufacturing of a product, directly contributing to its production.
Service Firms
Companies that provide intangible products or services to customers, as opposed to tangible goods.
Job Order Costing
An accounting method that accumulates costs based on individual jobs or orders, suitable for customized products.
Time Ticket
A record that tracks the amount of time an employee spends on various activities or tasks, used for billing clients or allocating labor costs.
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