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Commerce · Q648

Costing

Graduate and Post Graduate · Commerce · question 648

Q648

A document which consists information about labour time usage, for specific job in a specific department, is known as

A.
selling time record
B.
labour time record
Answer
C.
buying time record
D.
direct time record

Answer: Option B

Solution

Answer: Option B
Solution:
A document which consists information about labour time usage, for specific job in a specific department, is known as labour time record. A document which records the amount of time spent by an employee, showing the analysis between a numbers of activities during a payment period. It may record the wages (labour cost) of the time spent.