Question

In a manufacturing firm, employees use time cards and job tickets. Which of the following statements is not correct?

a.Job tickets are prepared by employees for each job worked on, so an employee may have more that one job ticket on a given day.
b.An individual employee will have only one time card.
c.The time reported on job tickets should reconcile with the time reported on time cards.
d.Paychecks should be prepared from the job tickets.

Answer 1

d. Paychecks should be prepared from the job tickets.

Step-by-step explanation:

Time ticket is a form that shows the time each employee spent on a particular job, it contains direct labor hour spent on a particular job, labor hourly rate and the total amount. Apart from being used to pay for direct labor, it can also be used to bill customers.