Each job has a . . . . . . . . prepared for it that bears the job number and which is used to collect all cost data relating to job.
A. Job Time Sheet
B. Job Cost Card
C. Job Ticket
D. Job Account
Answer: Option B
Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
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