A job-cost record is a source document, but individual items of the job-cost record may also have source documents.

Question

Quizplus · Accepted Answer

This statement is true. A job-cost record is a source document that summarizes the costs of a specific job or project. However, each item on the job-cost record may also have its own source documents, such as receipts, invoices, and purchase orders. These documents provide detailed information about the costs incurred for each item and help to support the accuracy of the job-cost record.

A Job-Cost Record Is a Source Document, but Individual Items