The Basic Document for Keeping Track of Costs in a Job

question 22

Multiple Choice

The basic document for keeping track of costs in a job order costing system is a

• A) job order cost card.
• B) labor time card.
• C) process cost report.
• D) materials requisition form.

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Definitions:

SWOT Analysis Matrix

A strategic planning tool that helps identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Strengths-Opportunities

Identifies areas where an organization has advantages and favorable conditions in its environment to leverage for success.

Consumer Needs

The requirements or desires of potential customers that drive their purchasing decisions.

Global Trends

Predominant patterns, changes, or developments that affect the world as a whole, including economic, environmental, and social shifts.