A Job-Cost Record Uses Information From

question 126

Multiple Choice

A job-cost record uses information from:

• A)a materials requisition record to record raw material purchases from suppliers
• B)a receiving report that indicates the type and quantity of each item received in an order from a supplier
• C)a labor-time card to record an employee's wage rate and hours spent on a particular job
• D)All of these answers are correct.

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Definitions:

Management Thought

Refers to the theories and principles that guide the practices and decisions of managers in organizational settings.

Scientific Management

An approach to management focused on optimizing work processes and productivity through empirical methods and time-and-motion studies.

Specialization

The process of focusing on and becoming an expert in a particular area of knowledge, skill, or activity.

Motion Study

The science of reducing a task to its basic physical motions.