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Please see the screenshot below can you help provide the answers. d. All of the following statements about a materials ledger are true except: A

Please see the screenshot below can you help provide the answers.

d.All of the following statements about a materials ledger are true except:

  • A materials ledger is a subsidiary ledger.
  • A materials ledger contains the individual accounts for each type of material.
  • Comparing quantities on hand as reported in the materials ledger with predetermined order points enables management to order materials before a lack of materials causes idle time.
  • A materials ledger cannot assist management with information about materials on order.

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