Mailings Review 4 AaBbCcDc AaBb( Aalb Normal No Spacing Heading T Title Subt TRUE/FALSE 1. A process cost accounting system accumulates costs for each of the departments or processes within the factory. a. True b. False 2. A process cost accounting system is best used by manufactures of like units of product that are not distinguishable from each other during a continuous production process. a. True b. False 3. A job order cost system would be appropriate for a crude oil refining business. a. True b. False 4. The materials requisition serves as the source document for debiting the accounts in the material ledger. a. True b. False 5. The document used by department managers to inform the purchasing department of materials that will be needed for production is the purchase requisition. a. True b. False 6. Materials are transferred from the storeroom to the factory in response to materials requisitions. a. True b. False 7. The document that serves as the basis for recording direct labor on a job cost sheet is the clock card. a. True. b. False 8. The document that serves as the basis for recording direct labor on a job cost sheet is the time ticket. a. True b. False 9. Depreciation expense on factory equipment is part of factory overhead cost. a. True h False Focus