In nearly all job order cost systems, materials ledger cards are perpetual records that are updated each time materials are purchased or issued for use in production.

Name: In nearly all job order cost systems, materials ledger cards are perpetual records that are updated each time materials are purchased or issued for use in production.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. Materials ledger cards are perpetual records that are updated throughout the production process as materials are purchased and issued.

In Nearly All Job Order Cost Systems, Materials Ledger Cards