Question

What is the chronological order of the material cost flows through the subsidiary records? a. Materials Ledger Card, Receiving Reports, Requisitions, Job Cost Sheets Requisitions, Job Cost Sheets, Receiving Reports, b. Materials Ledger Card Receiving Reports, Materials Ledger Card, Requisitions, Job Cost Sheets Job Cost Sheets, Receiving Reports, c. Materials Ledger Card, Requisitions Receiving Reports, Requisitions, d. Materials Ledger Card, Job Cost Sheets

Answer 1

Answer:

The correct order is option B.

Explanation:

As the order is in which the items are in the process of the subsidiary is given as by option B.

Option A is not true as the step of receiving report is not at the start of the process.

Option C is not true, because all the steps are not included.

Option D is not true as well because all the steps are not included.