For each of the following document descriptions, give the letter of the document term that best fits
Question:
For each of the following document descriptions, give the letter of the document term that best fits the description.
a. Purchase requisition
b. Purchase order
c. Receiving report
d. Job cost sheet
e. Materials requisition form
f. Time ticket or other labor tracking source such as scanning of identification badge
g. Bill of materials
1. Source document that a purchasing agent (buyer) uses to request that materials be purchased
2. Source document that includes a description of the materials, direct labor, and overhead assigned to a particular job
3. Document used to request and record materials issued and used in production
4. Document used to determine the direct labor time spent on each job
5. Request for an outside vendor to supply goods or services
6. Gives the quantity, condition, and description of goods received; vendor name; and receiving person’s approval/signature
7. List of different materials needed to manufacture a product or part
Step by Step Answer:
Managerial Accounting
ISBN: 9780137689453
1st Edition
Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope